The Bogotá metro project is slated to continue, and even expand, despite serious concerns.
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The Mexican Secretary of Economy, Graciela Márquez Colín, noted that this percentage represents a total of 326,000 loans implemented.
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The spread of COVID-19 has profoundly affected the livelihoods of many workers within the maquilas (assembly plants) of Guatemala.
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Economists predict that an already floundering Venezuelan economy faces tremendous difficulty in recovering from COVID-19.
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Due to travel restrictions, airlines throughout Latin America have become some of the most vulnerable to defaults in the next year, and government aid has been sparse.
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The NGO Action Against Hunger says that the COVID-19 pandemic will leave an additional 29 million people in poverty. COVID-19 has already caused unemployment rates to increase by at least 11%, according to a report by the Economic Commission of Latin America and the Caribbean.
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In April, the International Monetary Fund (IMF) corrected its previous projections for 2020, and the future looks bleak for Latin America.
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A recent report from the consulting firm AUGE outlines the economic vulnerability the Cuban private sector faces and suggests that the authorities take measures to help businesses during the COVID-19 crisis.
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Costa Rica is moving toward using its own technology to fight against the coronavirus epidemic to lower its dependency on other countries’ products.
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Emergency measures established by the Gobierno Nacional de Colombia have attempted to address formidable challenges concerning health, welfare, and the maintenance of economic activities.
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