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Economy & Business - February 2012 (ISSN 1741-7430)
BOLIVIA: Double deficits as government ramps up spending
The government expects the country to run a trade deficit in 2012 as well as a fiscal deficit of about 3.9% of GDP. The government argues that the twin deficits are the result of increased government spending and that the country can afford them. It said that the trade deficit will only trim central bank reserves by US$210m in 2012. In November 2011, the central bank had over US$12bn in reserves and analysts estimate that the figure has risen to US$12.5bn by end January.
- Another sign of confidence
- What is going on in the labour market?
- A tale of two economies
- ARGENTINA: In denial
- CHILE: Better than expected December
- PARAGUAY: Preparing to cut
- URUGUAY: Fiscal deficit comes in at below 1% of GDP
- BOLIVIA: Double deficits as government ramps up spending
- COLOMBIA: An under-control boom
- ECUADOR: Banks expect credit growth to slow
- PERU: Bank lending up 19% in 2011
- VENEZUELA: Spraying economy with dollars
- Macroeconomic data and forecasts
- COSTA RICA: The fiscal deficits start to flash red
- CUBA: Slow start to the sugar harvest
- DOMINICAN REPUBLIC: Steady
- EL SALVADOR: Trade deficit rises
- GUATEMALA: Tax reform launched
- HONDURAS: Electricity problems
- NICARAGUA: Brito project up in the air
- PANAMA: Inflation problems
- 2011 GDP Figures
- MINING: Panama demonstrators win a round
- ENERGY: Mining company to build Chile’s biggest wind farm
- OIL: The pros and cons of Pemex becoming a major oil refiner
- AGRIBUSINESS: Drought hits Brazilian harvest
- TOURISM: South America becomes a market
- DEBT: Tapping China