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Friday, 23 May 2025
BRAZIL: Government announces budget freeze
On 22 May Brazil’s government announced a R$31.3bn (US$5.5bn) budget containment and a tax hike as it seeks to meet its fiscal commitments for the year.
Friday, 23 May 2025
HAITI: New draft constitution draws criticism
On 22 May Djovany Michel, the secretary general of Haitian journalists’ organisation, Réseau Haïtien des Journalistes Anti-corruption (Rhajac), criticised a proposed draft of the new constitution, which was presented by a steering committee of the national conference for the constitutional review process to Prime Minister Alix Didier Fils-Aimé and the transitional presidential council (TPC) the previous day.
Friday, 23 May 2025
MEXICO: Further blow to García Luna
On 22 May a US court ordered Mexico’s former public security minister Genaro García Luna (2006-2012) and his wife, Linda Cristina Pereyra, pay some US$2.5bn to the Mexican state for their involvement in a political corruption and money laundering scheme.
Friday, 23 May 2025
ARGENTINA: Milei makes pitch for ‘dollars under mattress’
On 22 May Argentina’s economy minister, Luis Caputo, announced a new government programme designed to encourage Argentines to bring back US dollar savings held in foreign bank accounts or bring out dollars kept “under the mattress”.
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