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Weekly Report - 14 May 2015 (WR-15-19)
BRAZIL: IMF warns Brazil to stick to its targets
Following consultations with the Brazilian government in March, the International Monetary Fund (IMF) published a report on 12 May in which it praised the government’s fiscal consolidation efforts, but warned of the need to stick to its targets to restore investor confidence. The finance minister, Joaquim Levy, wants a primary budget surplus of 1.2% of GDP in 2015, and 2% in 2016. “Fiscal consolidation should proceed without delay along the announced lines, while monetary policy should remain tight to bring inflation to target,” the report said.
- Bachelet, unlike Rousseff, tries to grasp the nettle
- URUGUAY: Opposition shows green shoots of recovery
- BRAZIL: Rousseff’s supreme court appointee faces scrutiny
- BRAZIL: IMF warns Brazil to stick to its targets
- ARGENTINA: Government takes on the supreme court, again
- BOLIVIA: Another challenged victory for the MAS
- PERU: Mining protests turn violent
- TRACKING TRENDS
- MEXICO: PRI leads polls after a month of campaigning
- CUBA: All roads lead to Rome, or is it Havana?
- HAITI: France promises Haiti ‘moral debt repayments’
- GUATEMALA: Vice President quits as political crisis intensifies
- TRACKING TRENDS
- Colombia ends controversial use of glyphosate
- Quotes of the week