Tag: public finances

• Friday, February 12th 2021 - 09:44 UTC

  Brazil after an accountancy mechanism to extend pandemic emergency payments

  

  Brazilian economy minister Paulo Guedes announced on Thursday that pandemic emergency cash payments to the vulnerable will be extended, but with compensating cost-cutting measures to avoid bankrupting public finances.

• Saturday, October 10th 2020 - 08:55 UTC

  Fitch confirms Uruguay's investment grade at BBB-, but warns about inflation, deficit and public debt

  

  Fitch Ratings, one the world's leading credit rating agency has confirmed Uruguay's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-', however with a Negative Outlook, despite the country faring much better than its neighbors.

• Tuesday, April 21st 2020 - 08:52 UTC

  Ecuador receives temporary reprieve to defer interest payments

  

  Ecuador received a temporary reprieve over the weekend when the government announced that a sufficient number of investors had agreed to a consent solicitation to defer interest payments.

• Wednesday, September 25th 2019 - 09:49 UTC

  Moody's urges Brazil to implement economic reform and balance public finances

  

  An improvement in Brazil’s sovereign credit rating hinges more on stronger economic growth than lower interest rates, rating agency Moody’s said on Tuesday, urging economic reform and the shoring up of public finances.

• Wednesday, March 6th 2019 - 08:26 UTC

  Brazil posts a fiscal surplus in January, but public finances remain fragile

  

  The Brazilian government posted a fiscal surplus of 46.9 billion reais (US$ 12.5 billion) in January, the central bank said, above forecasts but unchanged from a year earlier. In Brazil, January is traditionally marked by higher tax revenues and lighter spending, so these figures do not change the fragile outlook for public finances, analysts said.