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Argentine foreign finance fears will rise this year

Location:

ARGENTINA

In 2018 the economic slump and devaluation helped to improve the trade balance by cutting imports. However, the current account deficit reached 5.4% of GDP, up from 4.9% in 2017…

Argentine trade balance may fall back into deficit

Location:

ARGENTINA

Outlook for the trade balance.

El Salvador faces risk of sovereign debt default

Location:

EL SALVADOR

High fiscal financing needs and an USD800mn external bond maturity in January 2023 increase the risk of default given the country’s limited access to financial markets. According…

Fiscal crisis will undermine Suriname's new president

Location:

SURINAME

Barely four months into President Chandrikapersad Santokhi’s presidency, the scale of the fiscal crisis facing Suriname has forced him to introduce unpopular fiscal austerity…

Cuba will struggle to keep inflation at bay

Location:

CUBA

So far, state-sector price controls and price caps on food and private markets have prevented runaway inflation. However, producers are withholding goods or selling on the black…

Argentina spending cuts aim to ease primary deficit

Location:

ARGENTINA

Massa also extended peso debt maturities through a successful debt swap. On the political front, he was able to overcome the resistance of Vice-President Cristina Fernandez de…

Private-sector credit squeeze hits Argentine recovery

Location:

ARGENTINA

The government has continued to absorb banks’ liquidity to close the fiscal deficit, with most private investors reluctant to finance the Treasury. The decline in demand for…

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…

Massa faces challenges on various fronts in Argentina

Location:

ARGENTINA

Royon, previously energy and mining minister for Salta province, replaces Dario Martinez, a close ally of Vice-President Cristina Fernandez de Kirchner (CFK) and a member of the…

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…