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LatinNews Daily - 02 June 2021

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In brief: Ecuador’s central bank hopeful on recovery

* Ecuador’s central bank (BCE) has released its latest GDP growth forecast which expects the country’s economy to grow by 2.8% in 2021. This follows an historic 7.8% contraction last year, as a result of the coronavirus (Covid-19) pandemic-induced double-hit to the economy due to both the slide in the global price of oil, as well as the paralysis of many economic activities during the national and regional quarantines.