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3 May 16
Puerto Rico has announced it will not pay around $422m in bond payments due yesterday, the most significant default yet in the country’s spiralling debt crisis.
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29 Apr 16
Argentina may be about to address its longstanding anti-corruption shortfalls, according to the OECD.
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26 Apr 16
Chile is missing out on potential economic growth and social wellbeing as a result of weak regulation, the OECD has warned.
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21 Apr 16
Bermuda has become the latest nation to adopt the OECD’s tax transparency agreement, under which detailed reports on multinational companies’ operations are shared between tax administrations.
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21 Apr 16
Ecuadorian president Rafael Correa has announced one-off taxes, asset sales and potential new bond issuances to pay for the recovery bill from last Saturday’s 7.8 magnitude earthquake.
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20 Apr 16
Argentina has returned to the international bond market for the first time since its sovereign debt default in 2001 with a $16.5bn issue.
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20 Apr 16
Ecuador’s president has warned that reconstruction costs following Saturday’s devastating earthquake will run into the billions of dollars.
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18 Apr 16
The South American nation of Suriname is set to receive a support package worth $478m from the International Monetary Fund intended to its economy pull out of recession.
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13 Apr 16
Public sector and accountancy professionals have convened in the Caribbean in hopes of strengthening the region’s public financial management.
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31 Mar 16
The International Monetary Fund has announced it will close its office in Nicaragua in August as the country’s economy has stabilised following two decades of close supervision.
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24 Mar 16
The International Monetary Fund has praised the Bahamas for the successful implementation of a new value added tax (VAT), which has brought more than $500m for the government in the last fiscal year.
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21 Mar 16
The World Bank has approved an almost half a billion dollar loan to improve the timeliness and quality of health care in Costa Rica and strengthen institutional efficiency.
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18 Mar 16
Tax revenues in Latin American and Caribbean countries are still well below the OECD average, despite a slight rise in 2014, an analysis has found.
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14 Mar 16
A UK-backed Caribbean infrastructure investment scheme became operational last week, offering £300m worth of grants for infrastructure across the region until March 2020.
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19 Feb 16
The World Bank has announced it will make $150m immediately available to countries in Latin America and the Caribbean that have been affected by the Zika virus outbreak.
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18 Feb 16
The United Nations and the government of Colombia have launched a multi-donor post-conflict trust fund to support peace and stability.
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16 Feb 16
The state of Costa Rica’s public finances presents a serious challenge to the country’s “impressive economic, social and environmental progress”, the OECD has warned.
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12 Feb 16
The World Bank has approved two loans each worth $1.25bn to protect two projects in Peru in the event of significant economic or environmental shocks.
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25 Jan 16
The government of Suriname has requested financial support from a number of international lenders as its economy is crippled by the fall in commodity prices.
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22 Jan 16
The International Monetary Fund has forecast negative growth in the Latin American economy for the second consecutive year, a dip of a duration not seen since the debt crisis of 1982-3.
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22 Jan 16
Transparency International has today welcomed the launch of a new anti-corruption body in Honduras, which will tackle criminals within the nation’s political, judicial and security systems.
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20 Jan 16
Living standards in Latin America will not rise unless the region tackles its “twin challenges” of inequality and low productivity, the OECD has warned.
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18 Jan 16
The United Nations has warned of deteriorating conditions in Haitian refugee camps, where nearly 60,000 people still live six years after a devastating earthquake rocked the country.
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15 Jan 16
The United Nations has called for coordinated regional action to address a growing refugee crisis in Central America.
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7 Jan 16
The Mexican healthcare system faces some “daunting challenges”, doesn’t represent value for money and needs system-wide reform, the OECD has said.