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LatinNews Daily - 22 May 2020

Main Briefing
On 21 May an electoral observer mission (EOM) from the Organization of American States (OAS) arrived in Suriname ahead of the 25 May general election.... Read More
Andean
On 21 May, Peru’s national congress approved a bill declaring the country’s health system in a state of emergency, mandating urgent action and a process of structural reform.... Read More
* Bogotá Mayor Claudia López has urged the national government to subsidise Colombia’s public transport systems to ensure their survival through the coronavirus (Covid-19) pandemic, after Bogotá’s Transmilenio bus rapid transit system warned that without financial support, it will have to cease operations in August.... Read More
Brazil
On 21 May, Brazil’s President Jair Bolsonaro held a conciliatory videoconference with the country’s 27 state governors, on the same day that a large grouping of opposition parties and organisations filed a request for impeachment proceedings to be launched against him.... Read More
* Brazil’s Receita Federal tax authority has reported that federal authorities collected R$101.1bn (US$18.2bn) in revenue in April, of which R$93.3bn were taxes and contributions directly managed by the Receita Federal.... Read More
Central America & Caribbean
* The Guatemala-based think tank Instituto Centroamericano de Estudios Fiscales (Icefi) is forecasting that Central America’s tax take will drop by US$3.85bn (0.92% of regional GDP) in 2020 due to the coronavirus (Covid-19) pandemic.... Read More
Mexico
On 21 May the governor of the northern state of Tamaulipas, Francisco García Cabeza de Vaca, rejected the federal government’s new energy policy regulations, and promised to take legal action against them.... Read More
* The Instituto para el Desarrollo Industrial y Crecimiento Económico (Idic), a Mexican think-tank, has predicted that unemployment in Mexico will reach a record 5.5% amid the coronavirus (Covid-19) pandemic.... Read More
Southern Cone
On 21 May Argentina’s economy ministry announced that it has extended the deadline for holders of Argentine sovereign bonds issued under international law to accept the debt restructuring offer it has tabled to 2 June.... Read More
* The monetary policy committee (Copom) of Uruguay’s central bank (BCU) has announced that the decline in the country’s economic activity due to the coronavirus (Covid-19) pandemic will be less marked than previously projected.... Read More
Publishing Note
Due to a public holiday there will be no LatinNews Daily on 25 May.... Read More

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