The first quarter of 2024 witnessed Latin America’s Economic Climate Indicator (ICE) rise by 3.7 points to 105.7, reported by FGV/Ibre. This uptick marks the second straight quarter of a favorable economic climate, a sequence last observed in 2018. The overall improvement saw positive shifts in eight out of ten key countries, notably Brazil, driving […]
Related Posts
Indonesia under international scrutiny over minerals export ban
Indonesia’s mineral export bans have sparked criticism from the World Trade Organization (WTO) and the International Monetary Fund (IMF). While these restrictions threaten the stability of global trade, Indonesia argues that they are necessary for economic growth and industrial development. The IMF’s 2022 country report urged Indonesia to postpone the restrictions and avoid extending them […]
Argentina meets IMF debt payment with Qatar loan
The Argentinian government confirmed today it has repaid a $775 million debt installment to the International Monetary Fund (IMF), utilizing Special Drawing Rights (SDR) loaned by Qatar. This followed the approval of a Facility Agreement model between the two countries. The announcement came via Decree 404/2023, which outlines Qatar’s loan of 580 million SDRs, hence […]