Itaú BBA

Macro Latam

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For the full version with all charts and tables, please open the attached pdf file.

• The government-imposed quarantine has controlled the transmission of COVID-19. We expect a 2.6% drop in GDP this year.

• The government announced a fiscal package to mitigate the effects of the lockdown, and the central bank aggressively cut the interest rate.

Juan Carlos Barboza
Diego Ciongo

For the full version with all charts and tables, please open the attached pdf file.

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