29 August 2014
A round-up of recent public finance stories from Latin America and the Caribbean you might have missed.
Argentina wants deal with all holdout investors together
Argentina’s government has ruled out further piecemeal debt talks with a small group of US hedge funds and said the country needed to strike a deal with all bondholders which have rejected past restructuring agreements as a single group. (Reuters via Euro News)
Bahamas' finance minister fleshes out Value Added Tax plans
Bahamas minister of state for finance Michael Halkitis updated Parliament on progress towards the introduction of value-added tax from January 1, 2015, and disclosed a number of new details during Parliament’s second reading of the Value Added Tax Bill 2014. (Tax-News)
UNDP: poverty declines in Latin America and the Caribbean
The United Nations Development Program encouraged Latin America to continue efforts in the area of poverty reduction. (telesurtv)
Analysts cut 2014 Brazil economic growth estimate to 0.7%
Analysts have revised their 2014 growth forecasts for Brazil's economy downward to 0.70% from 0.79% last week, the country’s central bank has said. (Fox News)
Analysts betting interest rates will rise in Mexico
After Mexico’s economy failed to gain much traction during President Enrique Pena Nieto’s first two years in office, growth is finally starting to pick up. That’s prompted traders to predict the first interest-rate increase since 2008. (The Salt Lake Tribune)
