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The economist stressed in an interview with Luis Carlos Vélez, in Semana, that Colombians should give themselves the blessing due to the uncertainty about how long it will take the country to recover in economic matters after the coronavirus crisis passes; mentioned that Although the measures taken so far by the Government have been useful and successful, if no other measures are taken, it could take a long time for the country to return to normal.
“The poverty rate in 2018 closed at 27%, this year it could rise to 34 or 35% of the population. In other words, we would go back practically ten years in terms of poverty. So this highlights the urgency of taking measures and reactivating the economy with prudence, “Mejía told the journalist.
Regarding unemployment, Mejía pointed out in the magazine that the outlook “is very difficult”, taking into account that according to Dane figures, in just 10 days of quarantine, more than 1,600,000 jobs were lost; However, He said that the figures “do not match” because the statistical entity put 1,800,000 people in the inactive group.
“There is no way to look for a job if you stay at home. If one judged it that way, the unemployment figure would not have been 12.6 percent, but 18 percent. This shows the magnitude of the shock we are experiencing, “he added.
The director of Fedesarrollo indicated in Semana that the recovery depends on the evolution of the quarantine, since if it becomes necessary to extend it even further due to a relapse of the disease, the panorama will become more difficult. “Hopefully the recovery is in the scenario of the V, which is a rapid fall in the economy and recovery just as fast. That is the most optimistic. “
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