Paraguay has a high likelihood of bouncing back best once the novel coronavirus is contained, Rebeca Grynspan, head of the Ibero-American General Secretariat (SEGIB), told Radio Nacional del Paraguay on Thursday.
“Although I cannot predict a date, I believe that the economic recovery will be quick for Paraguay. Even though there will be a fall in all Latin American countries in 2021, in some, the recovery will be faster,” she said.
In its 2020 World Economic Outlook, the International Monetary Fund (IMF) forecast last week that the economy of Latin America is likely to contract 5.2%. The