Region - Flexibility from the IMF
Recent comments show the IMF recognizes that 2021 is a good year to kick the can down the road in terms of fiscal reforms.
In the past month, the IMF’s Western Hemisphere Director Alejandro Werner has made comments that are relatively positive about the region’s economic outlook in 2021. I agree with his view that vaccinations in Latin America, as slow as the process seems today, are going to pick up significant speed later this year. You can read his analysis on the IMF bl…