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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.
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27 Jul 22
El Salvador plans to buy back some of its sovereign bonds to send “a clear signal” that the country’s public finances are sound.
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12 Jul 22
“Economic scarring” from Covid-19 has been cited alongside high borrowing costs as the reason for ratings agency Moody’s lowering its judgement of Mexico’s debt affordability.
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5 Jul 22
The Argentine government is at a heightened risk of another debt default following the resignation of its finance minister, an expert has warned.
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1 Jul 22
Colombian public finances are still not in the clear despite rising tax revenue and strong economic growth, the country’s fiscal rule committee has warned.
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9 May 22
Incoming Costa Rican president Rodrigo Chaves has said he will keep on top of debt payments, having previously said the government needs a new support package from the International Monetary Fund.
7 Nov 23Tax 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.
17 Oct 23Political 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...
21 Sep 23Major economies urged to help developing nations
12 Sep 23More 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...
25 Aug 23Argentina 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.
21 Aug 23Progressive will help move region forward
31 Jul 23Argentina is set to receive a $7.5bn tranche of an International Monetary Fund bailout after pledging to raise taxes and rebuild foreign reserves.
27 Mar 23The 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.
2 Feb 23Political instability and simmering discontent in Peru will impede progress on reforms and damage economic growth, ratings agency Moody’s has said.
24 Jan 23Haiti has been given a financial lifeline by the IMF to avoid a famine.
4 Jan 23The Norwegian government is set to release withheld funds aimed at reducing deforestation in Brazil, following the re-election of president Lula.
30 Nov 22Weakened 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.
16 Sep 22Higher 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.
14 Sep 22The 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...
9 Aug 22The new Colombian government has proposed new levies on high earners and fuel exports to help fund poverty reduction schemes.
27 Jul 22El Salvador plans to buy back some of its sovereign bonds to send “a clear signal” that the country’s public finances are sound.
