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Can Latin America escape its second lost decade?

BOGOTÁ Latin America has come to the end of its second lost decade of development. Average annual growth hovered just below 0.9 per cent for the 2014-23 period, worse than the 1.3 per cent rate in the 1980s. GDP per capita, however, is projected to be slightly higher in 2023 than in 2013, owing to slower population growth. By contrast, it was not until 1994 that the region’s

Can Latin America escape its second lost decade?

BOGOTÁ Latin America has come to the end of its second lost decade of development. Average annual growth hovered just below 0.9 per cent for the 2014-23 period, worse than the 1.3 per cent rate in the 1980s. GDP per capita, however, is projected to be slightly higher in 2023 than in 2013, owing to slower population growth. By contrast, it was not until 1994 that the region’s

Argentina Seeking $5 Billion From Multilateral Banks for 2021

Argentina Seeking $5 Billion From Multilateral Banks for 2021 Dec 19 2020, 12:39 AM December 18 2020, 9:59 PM December 19 2020, 12:39 AM (Bloomberg) Shunned in global financial markets, Argentina is seeking about $5 billion for next year from multilateral organizations other than the International Monetary Fund as it negotiates a larger refinancing program with the Washington-based lender, according to three people familiar with the plans. (Bloomberg) Shunned in global financial markets, Argentina is seeking about $5 billion for next year from multilateral organizations other than the International Monetary Fund as it negotiates a larger refinancing program with the Washington-based lender, according to three people familiar with the plans. Alberto Fernandez’s administration is looking to institutions including the Inter-American Development Bank and the World Bank, said the people, who asked not to be named because discussions are private. Plans are in the early stage

Argentina Seeking $5 Billion From Multilateral Banks for 2021

Argentina Seeking $5 Billion From Multilateral Banks for 2021 Jorgelina do Rosario and Eric Martin, Bloomberg News BC-Argentina-Seeking-$5-Billion-From-Multilateral-Banks-for-2021 , Jorgelina do Rosario and Eric Martin (Bloomberg) Shunned in global financial markets, Argentina is seeking about $5 billion for next year from multilateral organizations other than the International Monetary Fund as it negotiates a larger refinancing program with the Washington-based lender, according to three people familiar with the plans. Alberto Fernandez’s administration is looking to institutions including the Inter-American Development Bank and the World Bank, said the people, who asked not to be named because discussions are private. Plans are in the early stages, and the borrowing needed is an approximation that could wind up being more or less depending on variables like government revenue and exports, the people said.

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