Latin America & Caribbean round-up: Latam forecasted to expand 3.2% in 2014, says Eclac, and more

12 Dec 13
A round-up of recent public finance stories from Latin America and the Caribbean you might have missed.

A round-up of recent public finance stories from Latin America and the Caribbean you might have missed.

Latam forecasted to expand 3.2% in 2014, says Eclac

The economies of Latin America and the Caribbean will expand by 3.2% in 2014, which is higher than the 2.6% for 2013, according to the latest report from the UN Economic Commission for Latin America and the Caribbean. (Merco Press, South Atlantic News Agency)

Brazil staging recovery of economy

Brazil's economy continues to stage a gradual recovery that will lead to increased growth and improved public sector accounts results in 2014, Finance Minister Guido Mantega said on Wednesday. (The Wall Street Journal)

Argentina will unveil new inflation and GDP stats in February and March

Argentina will unveil its new consumer price index in February and a revised GDP index in March, Cabinet Chief Jorge Capitanich announced. The dates effectively comply with the demands of the International Monetary Fund that had extended a deadline for Argentina to improve the quality of its economic data. (Merco Press, South Atlantic News Agency)

Several Caribbean countries reportedly in arrears to ACP   

At least three Caribbean Community (Caricom) countries are in arrears to the African Caribbean and Pacific (ACP) group resulting in their nationals no longer finding employment within the ACP Secretariat, according to informed sources. (Caribbean 360.com)

Puerto Rico revenue up year to date, but down for November

Puerto Rico revenues have risen by 12.4% in the first five months of the current fiscal year, exceeding the cash-strapped US commonwealth’s budget forecasts, but government income took a hit in November, coming in $48m below plan, the government said on Thursday. (Reuters)


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