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Brazil & Southern Cone - September 2017 (ISSN 1741-4431)
Seeking to impose fiscal responsibility
The government led by President Mauricio Macri is seeking to push a new fiscal responsibility bill through Argentina’s national congress. The bill seeks to impose strict spending limits on the central and as well as provincial governments to “guarantee the solvency” of public finances. The bold initiative is part of the wider economic reform plans that the Macri administration has been trying to advance since it came to power in December 2015. This is perhaps the least controversial of the reforms that the Macri government is now seeking to implement, which explains why it decided to submit the bill to the national congress with just a little over a month left before the midterm federal legislative polls. But this does not ensure the approval of the bill in the opposition-controlled legislature.
- Uruguay provides object lesson in dealing with political crisis
- Government on defensive over Maldonado
- Seeking to impose fiscal responsibility
- More cracks at the top as economy and finance ministers quit
- Bachelet moves on another electoral pledge
- Cartes claims victory in peasant farmer conflict
- Janot’s parting shots
- Frente favela comes to the fore
- Domestic economy grows green shoots
- Amazonian authorities investigate “genocide”
- Setbacks for indigenous people across the sub-region