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General

IADB reports recommends Latin America focus on digital infrastructure in post-Covid recovery

Friday 31 July 2020 | 13:16 CET | News
A new report by the Inter-American Development Bank highlights the need for a massive infrastructure transformation in Latin America and the Caribbean through gains in efficiency, use of digital technologies, and a focus on quality and affordability of consumer services. Even small improvements in service efficiency by increasing digitalization and other actions can boost growth by 5.7 percentage points over a 10-year period, representing around USD 325 billion in additional income, while the incomes of the poorest people would increase 28 percent more on average than the incomes of the rich.

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Categories: General
Countries: Caribbean / Latin America
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