Weekly Report - 25 March 2021 (WR-21-12)

REGION | Poverty. The Inter-American Development Bank released a new report on 23 March estimating that 2.8m people in Central America and the Dominican Republic would fall into poverty due to the economic impact of the coronavirus (Covid-19) pandemic. The figure represents a six-percentage point increase in the current poverty levels in the region. Marta Ruiz-Arranz, the IDB’s principal economic adviser for Mexico, Haiti, Panama, and the Dominican Republic, said measures adopted by governments in the sub-region to mitigate the economic effects of the pandemic have not fully offset the fall in household incomes.

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