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Economy & Business - November 2003
Doubts set in
Lowering VAT to 10%
has long been inevitable. The rate was only raised to 15% in 1995 in order
to get the government out of the fiscal hole that the previous government's
misguided policies had produced and which had culminated in the devaluation
of the peso in 1994 and 1995.
- What will the weaker dollar mean for the region?
- Brazil and US agree to differ
- The failings
- Doubts set in
- BRAZIL: Central bank cuts as economy fails to bounce
- ARGENTINA: Kicking off again
- CHILE: Central bank promises to keep party going
- PARAGUAY: Duarte claims IMF agreement 'made in Paraguay'
- URUGUAY: Bouncing back
- VENEZUELA: Oil industry problems worsen
- COLOMBIA: Up in the air
- ECUADOR: Problems mount
- PERU: Trying to boost growth
- BOLIVIA: Government sets expansive budget
- COSTA RICA: Pacheco confident about prospects
- DOMINICAN REPUBLIC: Lurching towards disaster
- EL SALVADOR: Business puts forward ideas
- GUATEMALA: Decent economy for new government
- HONDURAS: IMF expects deal by 2004
- NICARAGUA: Fuel price rises push up inflation
- PANAMA: Budget boosted
- Mexico has another go
- Uruguay's anti-privatisation vote solid, but not a majority
- GAS: Little interest in Mexican contracts
- GAS: Bolivia and Brazil do a deal
- Commodity briefs...
- VENEZUELA: Debt issue that never was