LatinNews Daily - 02 February 2024

On 1 February Ecuador’s economy & finance ministry announced that it had completed a US$273m debt repayment and expressed confidence that the country would continue to receive international loans despite a dire financial situation that has seen the fiscal deficit stretch to over US$5.5bn.... Read More

*Peru’s national statistics institute (Inei) has announced that the country’s mining and hydrocarbons sector grew by 3.55% in December compared with the same month in 2022.... Read More

On 1 February Ricardo Lewandowski, who sat on Brazil’s supreme court (STF) from 2006-2023, was sworn in as Brazil’s new minister for justice & public security.... Read More

*Brazil’s environment ministry has released the annual figures for the donations received and projects financed by the Amazon Fund, Brazil’s funding mechanism for rainforest protection initiatives.... Read More

On 1 February Guatemala’s constitutional court (CC) upheld the suspension of President Bernardo Arévalo’s left-of-centre party, Movimiento Semilla (Semilla).... Read More

*Honduras’ central bank (BCH) has released new figures showing that monthly inflation in January came to 0.23%, bringing the year-on-year rate to 5.00%, which the bank noted is within the BCH reference range of 3.00-5.00% for the first time since November 2021.... Read More

On 1 February Mexico’s President Andrés Manuel López Obrador stated he would present a new electricity sector reform after the supreme court (SCJN) struck down his government’s controversial 2021 electricity reform bill the previous day.... Read More

*Mexico’s central bank (Banxico) has released new figures which show the country received US$5.49bn in remittances in December 2023, up 2.1% year-on-year.... Read More

On 1 February the president of Argentina’s lower chamber of congress, Martín Menem, of the ruling far-right La Libertad Avanza (LLA), was forced to extend the debate on the omnibus bill of reforms sent by President Javier Milei as the right-of-centre opposition continued to wring concessions from the government as a condition for its approval.... Read More

*Chile’s central bank (BCCh) has released its monthly index of economic activity (Imacec) for December, which shows a yearly drop of 1% and 1.1% decrease in monthly terms.... Read More