economy

Mexico's pandemic-ravaged economy, the second largest in Latin America, shrank 8.5 percent in 2020.

The Panamanian government has announced the reopening of the country's land borders.

With 4.2 million inhabitants, Panama has the highest number of Covid-19 infections in Central America.

Panama, with 4.2 million inhabitants, has the highest number of COVID-19 infections in Central America.

Costa Rica closed 2020 with a fiscal deficit of 8.3% of GDP, the highest in recent decades although lower than the official projection, the government announced Monday.

The country is in the midst of a spiking outbreak of the pandemic. In the last 39 days, Panama has registered more than a third (100,000 cases) of total infections and more than a quarter (1,326 cases) of total deaths.

The World Bank said Tuesday that it expects an economic expansion of 3.7% in Latin America and the Caribbean.

El Salvador is celebrating 20 years of dollarization, a measure that sought stability.

Panama has reported at least 231,000 coronavirus cases and 3,840 deaths during the pandemic. 

The coronavirus pandemic has caused the saturation of Panama's hospitals and the exhaustion of health personnel.