Chile

Chile Walks Back 2030 Budget Goal as Debt Pressure Rises

Chile’s Finance Ministry has abandoned its goal of balancing the structural budget by 2030, shifting instead to a structural deficit target of 1.5% of GDP by the end of President José Antonio Kast’s term.

Brazil

Latin America’s Energy Shock Raises Inflation, Fiscal Risk, And Protests

Even major hydrocarbon producers remain net importers of refined petroleum products, which leaves domestic prices, fuel subsidy programs, current accounts, and central bank decisions exposed when refined fuel prices rise.