ECLAC Will Update Economic Growth Projections for the Region’s Countries at the Launch of its Last Annual Report from 2024

Economic development

12 December 2024|Announcement

The "Preliminary Overview of the Economies of Latin America and the Caribbean 2024" will be presented on Wednesday, December 18 at a press conference led by the United Nations organization's Executive Secretary, José Manuel Salazar-Xirinachs.

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The Economic Commission for Latin America and the Caribbean (ECLAC) will present on Wednesday, December 18 its annual flagship report Preliminary Overview of the Economies of Latin America and the Caribbean 2024, in which it examines the behavior of the region's economies over the current year and updates estimates for growth and other economic indicators in 2024 and 2025.

Specifically, the document will present new Gross Domestic Product (GDP) growth estimates for the region and all of its countries in 2024 and 2025. In this edition, the report analyzes the economic and social dynamics of the year that is about to end and discusses the policy risks and challenges that the Latin America and Caribbean region will face in 2025 for overcoming the trap of low growth capacity in which it is mired.

The report will be unveiled at a hybrid (in-person and virtual) press conference led by José Manuel Salazar-Xirinachs, ECLAC's Executive Secretary, and Daniel Titelman, Director of the United Nations regional organization's Economic Development Division, at 11:00 a.m. local time in Chile (UTC/GMT -3:00).

According to the report, the dynamic of low growth rates for the region's countries is expected to continue in 2024 and 2025. The specific outcomes for the region's main economic indicators will be released by ECLAC at the press conference.

Members of the media are invited to participate in this press conference, virtually or in person at ECLAC's headquarters in Santiago, Chile (Av. Dag Hammarskjöld 3477, Vitacura, Santiago, Celso Furtado conference room). Journalists who want to attend in person must have their media credentials or IDs with them to gain entry and must get accredited in advance by sending an email to [email protected].

The press conference will also be transmitted live via Zoom at the following link:

https://cepal-org.zoom.us/webinar/register/WN_6W9s7gZDT66B3jsyLkVDDw#/registration

It will also be transmitted online for all audiences via the institution's website, at https://live.cepal.org/ and on its social media accounts on X (formerly Twitter) @cepal_onu and Facebook (https://www.facebook.com/cepal.onu).

Journalists participating virtually will be able to submit their questions ahead of time to the email address [email protected], and ECLAC's experts will respond to them in writing.

The full electronic version of this new annual report by ECLAC - along with a press release and the presentation by Executive Secretary José Manuel Salazar-Xirinachs and by the Director of the Economic Development Division, Daniel Titelman - will be made available on ECLAC's website on Wednesday, December 18, as soon as the press conference has concluded.

What: Launch of ECLAC's annual flagship report Preliminary Overview of the Economies of Latin America and the Caribbean 2024.

Who:

• José Manuel Salazar-Xirinachs, ECLAC's Executive Secretary.
• Daniel Titelman, Director of ECLAC's Economic Development Division.

When: Wednesday, December 18, 2024, 11:00 a.m. in Chile (GMT -03:00).

Where: ECLAC's main headquarters in Santiago, Chile (Av. Dag Hammarsköld 3477, Vitacura, Celso Furtado conference room).

Virtual connection via the Zoom platform (prior registration required): https://cepal-org.zoom.us/webinar/register/WN_6W9s7gZDT66B3jsyLkVDDw#/registration

Also on ECLAC's website and at https://live.cepal.org/.

For queries and to arrange interviews, contact ECLAC's Public Information Unit in Santiago, Chile.

Email: [email protected]; Telephone: +562 2210 2040.