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4 Apr 24
President fires 24,000 workers with more to follow
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28 Mar 24
A fiscal rule is making Uruguay’s public finances more credible, but it might fall short of actually stabilising the government’s debt, ratings agency Fitch has said.
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8 Mar 24
Chatham House urges international community to step up after police force resignations
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13 Feb 24
Three loans will finance Colombia’s programme of social and development reforms, with policies aiming to address inequality, protect the environment and maintain peace with militant groups.
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12 Jan 24
The new Argentinian government’s promise to deliver economic reforms has led the International Monetary Fund to move towards releasing $4.7bn of concessional finance.
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7 Nov 23
Tax and spending reforms that led to a “sustained decline” in government debt were named as major factors in Costa Rica’s credit rating upgrade, ratings agency Moody’s has said.
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17 Oct 23
Political challenges and social pressure could derail the incoming Ecuadorian president’s efforts to reform the economy, analysts have said, despite his defeated rival promising to work with him in...
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21 Sep 23
Major economies urged to help developing nations
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12 Sep 23
More than $12bn of cash injections from the government and a lower profit sharing rate will not be enough to get Mexico’s state oil company back to sustainability, although it will help in the short...
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25 Aug 23
Argentina will receive another $7.5bn from its $44bn programme with the International Monetary Fund, now the fund’s executive board has completed its fifth and sixth reviews of the deal.
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21 Aug 23
Progressive will help move region forward
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8 Aug 23
The Ecuadorian government is set to receive a $500m development loan from the World Bank to support climate mitigation and green economic development.
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31 Jul 23
Argentina is set to receive a $7.5bn tranche of an International Monetary Fund bailout after pledging to raise taxes and rebuild foreign reserves.
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24 Jul 23
A devaluation and new taxes are coming to help balance the books, IMF told.
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27 Mar 23
The depletion of foreign reserves and weak governance will limit Bolivia’s ability to meet debt costs, and were major contributors to a cut in its credit rating by Moody’s.
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14 Mar 23
The Argentine government is set to receive a $5.3bn tranche from an International Monetary Fund programme, after making progress on reforms.
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2 Feb 23
Political instability and simmering discontent in Peru will impede progress on reforms and damage economic growth, ratings agency Moody’s has said.
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24 Jan 23
Haiti has been given a financial lifeline by the IMF to avoid a famine.
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4 Jan 23
The Norwegian government is set to release withheld funds aimed at reducing deforestation in Brazil, following the re-election of president Lula.
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5 Dec 22
Argentina is set to receive the third tranche of a $44bn International Monetary Fund bailout.
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30 Nov 22
Weakened demand from key trading partners and higher interest rates will hinder Latin American economies next year, following stronger-than-expected growth in 2022, S&P Global has said.
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16 Sep 22
Higher public spending and the economic slowdown linked to voters rejecting constitutional reforms has fuelled a downgrade in Chile’s credit rating, Moody’s has said.
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14 Sep 22
The next disbursement under Argentina’s $44bn deal with the International Monetary Fund is expected to be agreed in the coming days, following a week of discussions between fund staff and Argentine...
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12 Aug 22
The Central Bank of Argentina has implemented another sharp interest rate hike, to help reduce inflation that is rising at its fastest rate in decades.
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9 Aug 22
The new Colombian government has proposed new levies on high earners and fuel exports to help fund poverty reduction schemes.