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LatinNews Regional Monitor: Andean Group - 24 April 2020

From LatinNews Daily
On 23 April, Peru’s President Martín Vizcarra asked the national congress to approve the transfer of legislative powers over emergency fiscal policy to his executive.... Read More
* Luis Alberto Moreno, the president of the Inter-American Development Bank (IDB), has confirmed that the organisation will provide over US$1bn in credit to support Colombia’s response to the coronavirus (Covid-19) pandemic, with the first phase of the loan to be approved within the next 30 days.... Read More
From Latin American Weekly Report
The government led by President Lenín Moreno was granted some breathing space on 17 April when bondholders accepted an appeal to defer interest payments on debt maturing between 2022 and 2030.... Read More
President Iván Duque is locked in a power clash with Colombia’s most powerful mayors.... Read More
While Peru’s President Martín Vizcarra has voiced optimism that the country’s general elections scheduled for April 2021 will not be unduly affected by the coronavirus (Covid-19) pandemic, the fate of the party primaries, due to be held later this year, remains unclear.... Read More
Plummeting global oil prices have added another layer of pressure to Venezuela’s political deadlock, as the economic drama of 20 April brought outspoken declarations from both Nicolás Maduro and Juan Guaidó, and was followed within 24 hours by disputed media reports of clandestine negotiations, hoping to secure an escape route from the country’s crisis.... Read More
Even in the midst of a pandemic, with the elections scheduled for 3 May still indefinitely suspended, there appears to be no issue of political significance in Bolivia that does not descend immediately into partisan rivalry.... Read More

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