According to the “Costa Rican Household Debt,” a survey carried out by the Office of the Financial Consumer (OFC), seven in ten Costa Ricans over 18 years of age admit that they currently have debts, and some of them also acknowledge that they are unable to acquire basics goods due to the debts incurred.

The government of the cities affected by the closing down of factories attempts to find ways to protect the local economy.

Tourism, which is one of the principal sources of revenue for the Mexican economy, is an industry that has experienced a dramatic downturn because of COVID-19.

A recent IDE Business School survey of 142 Ecuadorian family-owned businesses found that only 50% have planned generational changes and only 40% have made some type of family agreement or protocol for this process.

Latin America’s full economic recovery “is still a long way off” and will not be achieved until 2023, according to the new report of the International Monetary Fund (IMF) on Latin America and the Caribbean.

New rankings have been released showcasing which Mexican states have recuperated the best from the effects of the pandemic.

A proposal was made to the Panamanian government at a virtual forum titled, “Let’s Save Tourism: Current Problems and Proposal for Solutions.”

Small businesses in Brazil saw a significant increase in growth in 2020 despite the COVID-19 pandemic.

COVID-19 has not had a significant impact on the 2020-2021 agricultural year due to the seasonality of some products.

After experiencing losses in GDP due to the COVID-19 pandemic, Panama is looking to attract foreign investment to revitalize its economy.