Browsing Tag

Fiscal adjustment

IDB: Latin American public debt reduced between 2020 and 2023

The Inter-American Development Bank, IDB, indicated this Monday that Latin America's public debt has been reduced and is close to reaching pre-pandemic levels. According to the organization, public debt has been reduced in the region thanks to the reforms and fiscal adjustments applied. According…

Argentine government devalued the currency by 50 %

In a drastic economic turnaround, last Tuesday, the government headed by Javier Milei devalued the national currency by more than 50 %, setting the official exchange rate at 800 pesos to the dollar, compared to 391 at the close of the…