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Economy & Business - September 2006
PERU: García aims to spend US$18bn in 2007
The government sent the budget for 2007 to congress on 6 September. The 2007 budget is 12% bigger than the 2006 budget. The government is budgeting on export revenues coming to US$24bn in 2007 and imports costing US$17.27bn. This will provide the country with a trade surplus of around 7% of GDP, the prime minister, Jorge del Castillo, said. The government is budgeting on GDP coming to around US$96bn in 2007. GDP in May 2006 was US$78bn.
- Latin America at a turning point
- What's going to happen in 2007?
- Economy slows but Lula powers on
- Central bank starts to fret
- ARGENTINA: Government prepares for a slowdown
- CHILE: Central bank cuts growth forecast
- PARAGUAY: Pretty steady
- URUGUAY: Doing better than expected
- BOLIVIA: Foreigners cut investment
- COLOMBIA: Exports up 13.2%
- ECUADOR: Buoyant non-oil exports
- VENEZUELA: Spending up 80%
- PERU: García aims to spend US$18bn in 2007
- COSTA RICA: IT companies confident despite Intel
- DOMINICAN REPUBLIC: Ferronickel and sugar make up for freezones
- CUBA: 12.5% growth rate claimed
- EL SALVADOR: Fuel prices have an effect on consumption
- GUATEMALA: Minimum wage talks go to arbitration
- HONDURAS: Exports to rise 10% in 2006
- NICARAGUA: Fishing boom
- PANAMA: Growth of between 6% and 7% forecast
- OIL: The implications of the fall in Cantarell's production
- IRON ORE: Mutún: Bolivia delays again
- Brown-Forman bets on tequila
- PRIVATISATION: Renationalisation in Bolivia
- Uruguay sells peso bonds