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Weekly Report - 19 March 2020 (WR-20-11)
BRAZIL: Trying to cushion the economy
As a global recession caused by the coronavirus (Covid-19) pandemic has come to seem increasingly unavoidable, economists in Brazil have been discussing the best approach to adopt in order to mitigate the pandemic’s impact on the country’s already fragile economy. Governments the world over have followed recommendations by international institutions to adopt fiscal stimulus policies, but Brazil has been slower to react. Even as the government announced a R$147.1bn (US$28.8bn) package of emergency measures on 16 March, Economy Minister Paulo Guedes continued to push for the approval of belt-tightening fiscal reforms.
- As region goes into lockdown, two populists play by own rules
- REGION: Seeking a coordinated strategy to face pandemic
- BRAZIL: Trying to cushion the economy
- COLOMBIA-VENEZUELA: Border closure risks deepening crisis
- BOLIVIA: New uncertainty over electoral schedule
- ECUADOR-PERU: Taking drastic action
- MEXICO: US strangles CJNG
- DOMINICAN REPUBLIC: Opposition sweeps municipal polls
- EL SALVADOR: Bukele takes bold steps to prevent spread
- HAITI: Third time lucky for Moïse?
- Guyana election result up in the air
- Quotes of the week