21 November 2014
A round-up of public finance news stories from Latin America and the Caribbean you might have missed
Jamaica economy rebounding from contraction, Wynter says
Jamaica’s economy is already rebounding following its first quarterly contraction since June 2013, after the Caribbean island restructured $9bn in local bonds, central bank governor Brian Wynter said. (Bloomberg Businessweek)
Chile grows 0.8% in Q3 and central bank leaves basic rate unchanged at 3%
Chile's economy grew 0.8% in the third quarter compared with the same period in 2013, the worst performance in five years, the Central Bank reported Tuesday. The bank also announced that the basic rate will remain unchanged at 3%. (Merco Press)
More than 50% of Mexican youth live in poverty
A new ECLAC report warns of a dire future for the country’s youth if cycle of poverty and deficient education not broken. (Telesur)
Argentina posts 4.26bn peso primary budget deficit for September
Argentina had a primary budget deficit of 4.26 billion pesos ($500m) in September, according to economy ministry data released on Wednesday, versus a surplus of 412.5 million pesos in September 2013. (Reuters)
Jamaica: PAAC intervention shifts Outameni focus to civil servant
The Jamaican parliament’s search for the break in the oversight link which allowed the National Housing Trust’s board to spend $180m on a losing tourist attraction in Trelawny, focused on board member and civil servant, Sonia Hyman. (Jamaica Observer)
