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Costa Rica’s pandemic response faces political hurdles

Location:

COSTA RICA

In August, it asked the IMF for a USD1.75bn credit under the Extended Fund Facility. This will come on top of the USD504mn approved by the IMF for emergency financial assistance…

Colombia tax reform and budget will be watered down

Location:

COLOMBIA

Various interest groups, including the private sector, political actors and civil society organisations, are likely to put pressure on the government to reduce its revenue targets…

Fiscal framework will aim for sustainability

Location:

BRAZIL

The framework’s goal is to give the government flexibility to implement its policy commitments, including the Bolsa Familia welfare programme and increased minimum wages and…

Brazil government coalition risks unraveling

Location:

BRAZIL

On her return from the United States and Russia, President Dilma Rousseff's problems have not changed; indeed, most worsened during her absence. Brazil's economic outlook is…

Brazil overseas assets tax would support fiscal goals

Location:

BRAZIL

The measures, presented by the government in August, envisage taxing “exclusive closed-end funds” belonging to individuals resident in Brazil (often just one investor or their…

Optimistic expectations of Colombia’s Petro pose risks

Location:

COLOMBIA

Turnout, at over 58%, was the highest since 1974. Petro’s largest leads were recorded in coastal departments (regions); he also secured a majority in Bogota. Although he has…