Macroeconomy/Finance

World Bank projects a 5.9% drop in Bolivian GDP by 2020

The World Bank projected a 5.9% drop in Bolivia’s Gross Domestic Product (GDP) for 2020, in the “World Economic Outlook” report, which was released today. At the regional level, the World Bank projects a contraction of economic activity in Latin America of 7.2%. It also notes that the region’s recent progress in alleviating poverty and inequality could be at risk.

Source: Los Tiempos