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Mining optimism in Argentina will focus on lithium

Location:

ARGENTINA

In March 2020, President Alberto Fernandez announced plans to promote the mining industry, but they were delayed by the pandemic. Argentina is part of the 'lithium triangle', with…

Tax shifts may mar agriculture outlook in Argentina

Location:

ARGENTINA

High export taxes on the soya complex have encouraged farmers to shift to corn. Rising export earnings will help to strengthen international reserves and tax revenues. Argentina’s…

Arce faces major economic challenges in Bolivia

Location:

BOLIVIA

However, he will lack the commodity boom-related revenue that fuelled such programmes. Bolivia has been hit hard by the COVID-19 pandemic; GDP is forecast to contract by between…

Domestic demand to boost Bolivia’s economic rebound

Location:

BOLIVIA

Public investment halved in comparison with 2019 while on the supply side, mining, manufacturing and construction posted major slumps. All sectors contributed to the overall…

Second COVID wave will worsen Argentina debt outlook

Location:

ARGENTINA

Amid signs of mild economic recovery, the government is seeking to postpone debt payments to the IMF and Paris Club. Fiscal adjustment is already underway, but the government…

Belarus faces oil price and COVID-19 shocks

Location:

BELARUS

Reduced global demand due to COVID-19 and the collapse of OPEC+ output caps have driven prices under 40 dollars per barrel. That does not benefit Belarus, as its petroleum product…

Turkish go-it-alone policy raises currency crunch risk

Location:

TURKEY

It has fallen from about 6.50 at end-March and 5.95 at end-2019. There is speculation about a possible balance of payments crisis due to the COVID-19 pandemic, economic…

COVID-19 crisis will interrupt Dominican GDP growth

Location:

DOMINICAN REPUBLIC

The Dominican Republic and COVID-19.

El Salvador GDP growth to moderate this year

Location:

EL SALVADOR

That growth, having followed a major pandemic-induced contraction in 2020, looks set to slow in 2022, with the IMF and ECLAC currently estimating figures of 3.2% and 3.8…

Pandemic to worsen recession and instability in Haiti

Location:

HAITI

World Bank and IMF financial support totalling USD142mn, in the form of grants and zero-interest loans, will help partially to cover increasing external and fiscal financing gaps…