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ECLAC predicts 2% growth in 2013

SANTIAGO, Chile, CMC – The United Nation’s Economic Commission for Latin America and the Caribbean (ECLAC) says the Caribbean is expected to maintain “the slow upward trend in growth observed in previous years” to reach 2.0 percent in 2013.
In its Economic Survey of Latin America and the Caribbean 2013, released here on Wednesday, ECLAC said growth in Latin America and the Caribbean, on a whole, will reach 3.0 percent in 2013, similar to last year’s growth rate.
The organisation says the region has “some weaknesses that could affect it in the short and long term, given the current negative external environment.”

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