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Expectations for 2024 suggest lower inflation than last year, but risks persist. The OECD forecasts moderate GDP growth, highlighting inflation and interest rate concerns. Minimum…
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DOI: 10.1108/OXAN-DB284490
ISSN: 2633-304X
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Quarantine measures coupled with prolonged dry weather conditions, which have affected energy production and agriculture, have taken a substantial toll on growth already this…
Tourism growth.
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DOI: 10.1108/OXAN-DB244710
ISSN: 2633-304X
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His Modern Revolutionary Party (PRM) did similarly well, securing its largest-ever Senate majority and taking a majority in the Chamber of Deputies. Success was built on a strong…
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DOI: 10.1108/OXAN-DB287382
ISSN: 2633-304X
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This followed congressional approval of the government’s ‘base law’ and tax package, designed to strengthen public finances, modernise the labour market and attract foreign…
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DOI: 10.1108/OXAN-DB288292
ISSN: 2633-304X
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The economic damage caused by the COVID-19 pandemic will be less severe than in other parts of Latin America. It is nevertheless weighing on activity, with structural weaknesses…
Despite the budget's commitment to social investment reflecting recent growth and post-recessionary optimism, emerging trends in the national and global economy, compounded by the…
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DOI: 10.1108/OXAN-DB239242
ISSN: 2633-304X
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The move is part of a trade offensive by President Luis Lacalle Pou, who has instructed the foreign ministry to explore possible FTAs with other countries as well. In a region…
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DOI: 10.1108/OXAN-DB264429
ISSN: 2633-304X
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However, problems with the count have delayed an official result. Bukele, who has already served nearly a full term as president, circumvented a constitutional ban on re-election…
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DOI: 10.1108/OXAN-DB285141
ISSN: 2633-304X
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The governing Frente Amplio (FA) party is facing a difficult election, with surveys giving the opposition a better chance of winning, although the FA could yet reverse the…