LatinNews Regional Monitor: Caribbean & Central America - 14 April 2020

* Panama’s President Laurentino Cortizo has announced that his government has secured a total US$1.3bn from international financial institutions which will be allocated to efforts to mitigate the economic impact of the coronavirus (Covid-19) pandemic. According to Cortizo, Panama has secured US$300m from the Inter-American Development Bank (IDB) to support micro and small businesses and safeguard the agricultural production chain. A further US$500m from the International Monetary Fund (IMF) and US$500m from the Multilateral Investment Guarantee Agency (Miga - a member of the World Bank Group) will serve to preserve jobs. 

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