Tag: Public debt
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Barons of the PP defend themselves against the veto of the path of stability by appealing to the reform of regional financing
The PP's veto in the Senate of the budgetary path set by the Government collides with the interests of the communities, the majority in the hands of the Popular Party. The regional executives will have to return to the more restrictive limit of 0.0% deficit set in April of last year, instead of the 0.1%…
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The Government's fiscal stability path once again faces the PP veto in the Senate
New obstacle on the road to the 2024 Budget. The Government once again presents the debt and public deficit objectives in the Senate this Wednesday, the same ones that the upper house backed down last February, where the PP has an absolute majority. The procedure is essential to advance in the design of public accounts…
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A Trump victory, a ticking time bomb for the bond market
The countdown to the United States presidential elections in November has begun and Donald Trump is already emerging as a strong Republican candidate. Also as a serious contender for the White House, a return that would put a volcanic business magnate at the head of the world's largest economy with four open criminal cases–including his…
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Bolivia opens a second lithium offer as it seeks to fill its fiscal gap
Faced with difficulties, Bolivia turns to lithium. The small South American country is weathering an economic slowdown since last year and a drop in its gas exports, which has impacted the treasury. The Government of President Luis Arce has had to go out and sell part of the gold reserves and the holders of its…
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The ghost of the last mile against inflation erases the debt gains of the last three months
The stubbornness of prices in the United States has added several buckets of cold water to the hopes of managers and investors about an eventual lowering of interest rates in March. The US CPI growing at 3.1% in January gives free rein to the most doomsayers about the last mile of disinflation towards the 2%…
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The weight of debt and residual growth overwhelm the Colombian economy
Colombia presents a delicate macroeconomic situation. The high official projections for 2024, of a fiscal deficit of 5.3% and an external debt of 57% of the Gross Domestic Product, keep those responsible for the Treasury under a state of tension. The road looks rocky. After the pandemic, the country carries debts, and adds to this…
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The IMF lowers the economic growth forecast for Latin America in 2024 to 1.9%
The bitter pill that Argentines endure reduces the average economic prospects for Latin America, according to economists from the International Monetary Fund (IMF). In its most recent annual report with global estimates, the multilateral now reduces its forecast for the regional Gross Domestic Product (GDP) from the 2.3% estimated in October of last year to…