Fiscal deficit

Fiscal deficit latest publications

July 21, 2022

Argentina Economic Outlook. Third Quarter 2022

The deviations from the targets agreed with the IMF triggered a deterioration of expectations and the economic situation, deepened by political tensions. Economic activity will slow down more than expected in the coming quarters.

February 15, 2022

China | Is China’s expansionary fiscal policy sustainable?

We analyze the proactive fiscal policy of China in 2022, investigated government debt sustainability amid growth slowdown and make policy suggestions of financing fiscal deficits.

July 28, 2021

Colombia | Analysis of the fiscal reform bill

The Government submitted, the fiscal reform bill that includes social measures, mostly transitory, to mitigate the effects of the pandemic on the most vulnerable and raises tax collection by 15.2 trillion pesos permanently, of which 70% from corporate taxes and the rest from anti-evasion and austerity measures.

January 21, 2021

Peru Economic Outlook. First Quarter 2021

The Peruvian economy will grow around 10% in 2021, largely due to a “rebound effect”, but also supported by the favourable external environment and despite both regulatory and electoral uncertainty. In 2022, when the local vaccination process has been broadly deployed, an expansion of 4.5% is expected.
  • Geography Tags
  • Peru

November 21, 2020

Peru | Economic activity rebounds in the third quarter

The data corresponding to the third quarter shows a smaller output contraction in line with the recovery following the pandemic, higher public deficit due to the fiscal effort to mitigate the impact and a lower current account deficit.
  • Geography Tags
  • Peru

September 11, 2020

Mexico | The 2021 Economic Package: Opportunity for countercyclical policy

This week the Ministry of Finance released the fiscal package that he presented to Congress for next year. It is the third presented by this administration. I think it is positive that, after three fiscal packages, it can be confirmed that it is a government committed to maintaining fiscal balances.

May 29, 2020

Peru | Measures to contain the spread of COVID-19 significantly affected output in 1Q20

GDP strongly contracted in the first quarter, reflecting the measures implemented since mid-March by the Government in order to contain the spread of the new coronavirus.
  • Geography Tags
  • Peru

May 8, 2020

Spain | Fiscal Watch 2Q20

The outbreak of the COVID-19 pandemic and the containment measures will have an extraordinary impact on public accounts. The deficit and the public debt will be at their highest levels in the last decade.