In 2023, Argentina faced a steep climb in its private external debt, soaring by $15.97 billion from the previous year to a daunting total of $103.155 billion. This increase was primarily driven by commercial debts, accounting for $65.659 billion of the total burden. The sharp rise in import obligations, swelling by $14.499 billion, highlighted the […]
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Brazil’s government faces a complex task in managing its fiscal policy. The administration of President Luiz Inácio Lula da Silva aims to limit major budget expenses to a real growth of 2.5% annually. This aligns with the fiscal framework’s ceiling. However, achieving this goal proves challenging without addressing existing rules and policies. The main hurdle […]