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LatinNews Regional Monitor: Caribbean & Central America - 27 April 2020

In brief: Costa Rica’s central bank cuts growth forecast

* Costa Rica’s central bank (BCCR) has released a new report which forecasts that the country’s GDP will contract 3.6% in 2020, as a result of the economic impact of the coronavirus (Covid-19) pandemic, the second biggest contraction since records began in 1950. This prediction is line with the latest forecast for Costa Rica from the United Nations Economic Commission for Latin America and the Caribbean (Eclac), released on 21 April.

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