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Latin American Economy & Business - January 2017 (ISSN 1741-7430)
Colombia: Tax job done?
Two days before Christmas, the government led by President Juan Manuel Santos finally got full congressional approval for its tax reform bill, which has now become law. The changes are designed to do three things: to make up for the steep loss in oil and gas revenues suffered since hydrocarbons prices slumped in 2014; to deter international ratings agencies from withdrawing Colombia’s investment grade in 2017; and to lay the basis for increased social spending in the hoped-for ‘post-conflict’ era. It is not yet clear if the law will be able to deliver all of that.
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- Argentina: Reshuffling the economic team
- Brazil: Trumping austerity
- Colombia: Tax job done?
- Cuba: A highly uncertain outlook for 2017
- Venezuela: Maduro government issues new bond
- Venezuela: Large minimum wage hike will fuel inflation
- Region: Odebrecht scandal ripples through the region
- Region: Social media reaches the poor
- Region: Why the MILA needs a political boost
- Ecuador: Ecuador piles in with fresh debt issue ahead of general election
- Region: Corporate Radar