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LatinNews Regional Monitor: Brazil & Southern Cone - 20 February 2020
From LatinNews Daily
On 19 February, Brazilian senator Cid Gomes was taken to hospital after sustaining a bullet wound.... Read More
* Brazil’s state-owned oil company Petrobras has posted its 2019 financial results, which show that the company saw a record net profit of R$40.1bn (US$9.18bn) and adjusted earnings before interest, taxes depreciation and amortisation (Ebitda) of R$129.2bn (US$29.75bn).... Read More
On 19 February the International Monetary Fund (IMF) technical mission concluded its week-long visit to Argentina and in a statement recognised that the country’s debt is “unsustainable”, suggesting that private creditors will need to accept write-downs.... Read More
* Paraguay’s finance minister Benigno López has discussed with members of the national congress four bills and amendments to existing laws mooted by the finance ministry, notably in relation to the fiscal responsibility law (‘ley de responsabilidad fiscal’, LRF) which sets a limit on the government’s fiscal deficit, at 1.5% of GDP.... Read More
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