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Economy & Business - June 2004
Finance minister raises growth forecast
Decent output statistics in March and April were capped by a drop in the unemployment rate to 3.48% in May. All this points to a stronger economy. Indeed on 23 June, the finance minister, Francisco Gil Díaz, raised his
forecast for growth this year from between 3% and 3.5% to at least 4%. In the first quarter of 2004, the economy grew by 3.7% compared with the same quarter of 2003.
- Better than forecast
- What's happening in 2004?
- Finance minister raises growth forecast
- BRAZIL: Government asserts itself
- ARGENTINA: Recovery on again
- CHILE: Corbo sticks to low interest rate policy
- PARAGUAY: IMF criticises breaks for business
- URUGUAY: Recovery gathers strength
- BOLIVIA: Optimism from central bank
- VENEZUELA: Braced for the referendum
- COLOMBIA: Steady
- ECUADOR: Oil exports jump
- PERU: Economy re-rated
- COSTA RICA: Fiscal reform finally approved
- CUBA: Sol Melía raises profits by 27%
- DOMINICAN REPUBLIC: AES calls government's bluff
- EL SALVADOR: Saca gets FMLN support for budget
- GUATEMALA: Fiscal compromise to cost at least Q1bn
- HONDURAS: Good harvest
- NICARAGUA: Inflation jumps
- PANAMA: Blockages
- PRIVATISATION: Congress alleges oil privatisation in Mexico
- BUSINESS: CVRD looks north
- USDA optimism at odds with local figures
- METALS: Chile's copper exports double, but prices stable
- COMMODITIES BRIEF
- ARGENTINA: Bondholders ask for more