The world Bank has predicted a decline in GDP growth in Latin America

MOSCOW, 13 APR – RIA Novosti. GDP of almost all countries of Latin America and the Caribbean could fall by 4.6% this year due COVID-19, report of the world Bank.

the Resumption of GDP growth of 2.6% expected in 2021.

the Economies of Latin America and the Caribbean, recently has been facing several shocks, starting with social unrest and ending with the collapse of oil prices and the spread of a new type of coronavirus. The crisis in the tourism sector also had a negative impact on some countries.

it is Noted that the state should support financial institutions and main sources of job creation. In addition, a world Bank report States that for the victims of the crisis it is necessary to expand programs of social support and protection.

the world health organization on 11 March announced the outbreak of a new coronavirus infection COVID-19 pandemic. According to the latest who data, the world recorded almost 1.7 million infections, more than 105 thousand people died.

the Latest data on the situation of COVID-19 in Russia and the world presented on the portal stopmanager.of the Russian Federation.