Latin American Keys is an informative and analytical summary regarding the political and economic situation in the Latin American region. These key takeaways, prepared monthly by ATREVIA´s Analysis and Research team, serve to be a useful tool in understanding the evolution of the political-institutional state of Latin America, a need that the pandemic has further exaggerated.
Inflation continues to be the common denominator in Latin America’s economic news, but while some countries continue to reach record highs month after month, others are beginning to control it.
On the political front, instability continues in Peru, where there have already been 68 ministerial changes in the 13 months of Pedro Castillo’s term in office. Uncertainty is also affecting Chile following the rejection of a new constitution in a plebiscite, which has prompted the executive to announce changes in the cabinet.
At the same time, in Ecuador the citizens will also be consulted in a referendum on eight questions prepared by the government, which must first be approved by the Constitutional Court.
In Brazil, Lula da Silva is still leading the polls ahead of the upcoming presidential elections, although Jair Bolsonaro is closing the gap. The left is also getting good news from Colombia with Petro’s high approval rating, focused on tax reform. The Mexican government sets out its priorities in the 2023 Economic Package, focusing on welfare programmes and flagship projects, without considering raising or creating new taxes. For its part, the Dominican Republic recorded a slight drop in inflation and reached record numbers in terms of tourist arrivals.
Finally, Argentina was in the international news for the attempted assassination of Vice-President Cristina Fernández de Kirchner, which occurred during protests outside her home following her indictment in the so-called “Vialidad” case, which investigates cases of corruption.