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Foreign exchange shortages will persist in Guyana

Location:

GUYANA

These difficulties have arisen despite the sharp rise in oil output to nearly 143 million barrels last year, from which the government received some USD1.6bn in revenues. Oil…

Costa Rica's medical device sector will grow further

Location:

COSTA RICA

Precision and medical equipment has been the country’s largest export sector since 2017. It maintained that position in 2023, achieving 28% growth year-on-year and contributing…

Ageing will drive social care demands in Latin America

Location:

LATIN AMERICA

Latin America’s population is ageing rapidly amid declining birth rates and rising life expectancy. This is driving a need for urgent action to prevent demographic changes…

Rapid recovery will prove elusive in Argentina

Location:

ARGENTINA

The primary surplus (0.6% of GDP) was driven by a 35% real fall in primary spending, which offset a recession-induced 4.5% drop in revenues. Month-on-month inflation has also…

Honduras frustrations over lack of reforms will mount

Location:

HONDURAS

Slow progress in enacting reforms is fostering frustration among those who had hoped that Castro would prompt substantial change when she came to power two years ago. Her tax…

Bolivia’s nearing elections will shape economic policy

Location:

BOLIVIA

Faced with the diminution of foreign currency reserves, the government has taken steps to encourage exporters to repatriate the dollars they earn abroad and place them within the…