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ECLAC to present a report on regional economy for 2023

Santiago de Chile, Dec 14 (Prensa Latina) The Economic Commission for Latin America and the Caribbean (ECLAC) will present a report on the growth of the Gross Domestic Product (GDP) of the region for 2023 and 2024.

The document will contain the specific results of the GDP of the region and of each of the countries, and will be announced by the executive secretary of the ECLAC, José Manuel Salazar-Xirinachs.

The report analyzes the economic and social dynamics of 2023, as well as the risks and challenges that the region will face in 2024 in order to achieve a transformative recovery.

In a previous study, presented last September, ECLAC warned that the countries of Latin America and the Caribbean will maintain low growth this year and 2024 will not be better either, due to a very complex negative global and regional scenario.

The organization had forecasted an average growth rate of 1.7 percent for 2023 and 1.5 for next year.

ECLAC will announce the new estimates this Thursday at a hybrid press conference at its headquarters in Santiago, Chile.

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