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.
The pandemic finally seems to be over in Latin America. Over the last month, almost all countries have been eliminating most of the sanitary measures that were still in place, declaring the last wave of contagions over or even proclaiming the end of the epidemic itself.
Unfortunately, persistent inflation is the other common denominator in the region, excluding Brazil, the only country with deflation. In the political arena, the most important news included the complaint filed by the Peruvian Public Prosecutor’s Office against President Pedro Castillo for alleged criminal acts and the advance to the second round of the Brazilian presidential elections of Lula da Silva and Jair Bolsonaro.
In Chile, talks continue to define the procedure by which the second attempt to create a new constitution would be carried out, while the debate in Argentina focuses on the possibility of eliminating the PASO elections. Dialogue and the search for pacts also mark the current situation in Ecuador, where the government and indigenous movements have so far reached 143 agreements on various issues. Along the same lines, the Mexican government and the country’s private sector have reached several commitments with the aim of reducing the effects of inflation on the family economy.
The tax reform, a key project of President Gustavo Petro of Colombia, has passed the first filter and everything indicates that it will be approved in a short time. Finally, the IMF is optimistic about the Bolivian economy, forecasting GDP growth of up to 4.1% by the end of 2022.
