Until this Sunday, together, Brazil and Mexico have 25,183 confirmed cases of infection by the new coronavirus, and already account for 1,414 deaths due to the disease.
It’s true that the region’s firepower when it comes to public spending to prevent the economy from collapsing is much smaller than that of the United States, the United Kingdom or the European Union. Even so, the largest economies in Latin America announced a string of measures to mitigate the impacts of COVID-19, ranging from the injection of liquidity in the financial market to emergency aid to citizens and companies.
