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The budget deficit is increasing markedly and will probably top 6% of GDP in 2024 -- the highest level since the late 1980s -- while economic growth remains in the 2-3% range.
The deal, which was finalised under former President Guillermo Lasso (2021-23) and approved by the National Assembly in February, promises improved access to expanding Chinese…
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DOI: 10.1108/OXAN-DB287100
ISSN: 2633-304X
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The decision followed weeks of protests over the terms of the newly revised contract. Cobre Panama, located in Colon province, is Central America’s largest open-pit copper mine…
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DOI: 10.1108/OXAN-DB283954
ISSN: 2633-304X
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At the same time, private businesses have been allowed to import as never before. New privately owned shops caters to those with hard currency, but for most people the economic…
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DOI: 10.1108/OXAN-DB281234
ISSN: 2633-304X
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The package also contains revenue legislation and lays out key economic assumptions such as the projected oil price and growth expectations for the US economy. A new president and…
The proposals maintain President Andres Manuel Lopez Obrador’s (AMLO) conservative fiscal stance, while boosting spending for his flagship infrastructure projects.
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DOI: 10.1108/OXAN-DB273618
ISSN: 2633-304X
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GUATEMALA: Road blocks will hit economy
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DOI: 10.1108/OXAN-ES274137
ISSN: 2633-304X
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While inflation is easing in the United States, it is still increasing in Mexico. The US Federal Reserve (Fed) is expected to keep raising its benchmark rate, pushing Banxico to…
MEXICO: Petrol imports will strengthen Lopez Obrador
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DOI: 10.1108/OXAN-ES221895
ISSN: 2633-304X
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MEXICO: Public will not tolerate fuel shortages