Public Debt

Venezuela

Venezuela's Fragile Recovery

Signal: Venezuela’s oil and debt recovery is gaining momentum after Maduro’s removal, with crude output rising and a major sovereign and PDVSA debt restructuring now underway. Impact: The business risk appears in the gap between energy recovery, creditor negotiations, legal credibility, political legitimacy, and institutional repair. Watchpoint: Track

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.