End of preview - This article contains approximately 1224 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
Economy & Business - May 2023
BRAZIL: A new cap on more government spending
Even before Luiz Inácio Lula da Silva took office as Brazil’s president in January, he got congress to waive a spending cap and allow him to borrow an additional R$168bn (US$32bn). Investors didn’t like it. Now the shoe is on the other foot and Lula is trying to reassure investors by adopting new rules on government spending as well as plans to reduce the country’s gaping budget deficit. He’s had mixed success so far
- Nicaragua’s strengthening ties with Moscow and Beijing
- VENEZUELA: Turning to old friends for cooperation on oil and gas
- ECUADOR: Petroecuador appoints new CEO, hopes for stability
- ECONOMIC HIGHLIGHTS
- PARAGUAY: Continuity doesn’t mean stability
- BRAZIL: A new cap on more government spending
- CHILE: Boric proposes statist lithium industry
- ECONOMIC HIGHLIGHTS
- REGION: Studies call for increased investment in health sector
- SURINAME: Debt restructuring deal struck
- CARIBBEAN: India offers support to SMEs
- DOMINICAN REPUBLIC: Ahead of the pack
- ECONOMIC HIGHLIGHTS
- MEXICO: Mining reforms to curb exploration and investment
- MEXICO: New science law unlikely to solve brain drain
- MEXICO: Challenges as rural financial agency disappeared
- MEXICO: Record exports suggest nearshoring progress
- ECONOMIC HIGHLIGHTS