IMF forecasts a 7.9% drop in GDP by 2020 and 5.6% growth by 2021

The latest report from the International Monetary Fund (IMF) brings good prospects for Bolivia in 2021. For next year, the agency expects the country to have a 5.6% growth in its Gross Domestic Product (GDP). Concerning 2020, the IMF forecasts that the national economy will contract by 7.9%. IMF improved the projection for Latin America and the Caribbean; it would fall of 8.1% for this year due to the impact of the coronavirus.

Source: El Deber