LatinNews Daily - 13 January 2023

On 12 January Peru’s labour minister, Eduardo García Birimisa, resigned in protest at the government’s response to the unrest which has gripped the country since President Dina Boluarte took office last month, and which has now resulted in at least 49 deaths.... Read More

* Peru’s central bank (BCRP) has raised its benchmark interest rate by 25 basis points to 7.75% in response to high inflation.... Read More

On 12 January, Brazil’s Finance Minister Fernando Haddad announced a plan to increase the government’s revenues and cut spending, aiming to improve the country’s fiscal situation in 2023.... Read More

* Brazil’s national statistics institute (Ibge) has updated its forecast for the 2023 harvest of grains, cereals, legumes, and oilseeds, predicting a record harvest of 296.2m tonnes (t) – a 12.6% increase from 2022.... Read More

On 12 January local NGO Cristosal filed three appeals before El Salvador’s supreme court (CSJ)’s constitutional chamber (SC) declaring unconstitutional three laws which it warns promote corruption.... Read More

*Honduras’s 128-member unicameral legislature has approved the government’s proposed 2023 state budget for L392.52bn (US$16bn), up 8.9 % on 2022.... Read More

On 12 January, Mexico’s three main opposition parties announced they would compete as a coalition in the 2024 presidential elections and this year’s gubernatorial races.... Read More

*The mayor of Mexico City (CDMX) Claudia Sheinbaum has announced that the budget for the city’s metro this year is M$19.7bn (US$1.05bn), up from M$18.8bn in 2022.... Read More

Argentina’s annual inflation hit 94.8% in 2022, according to data published by the national statistics institute (Indec) on 12 January.... Read More

*Paraguay’s central bank (BCP) has released new figures which show that the country’s trade deficit in 2022 totalled US$1.29bn.... Read More