5:00—6:30 PM
Center for Global Development
2055 L St, NW
- Fifth Floor
Washington, DC 20036

A Conversation with Ministers of Finance from Latin America: The Future of Latin American Fiscal Policy and Growth


Mauricio Cárdenas, Minister of Finance and Public Credit, Colombia

Luis Andres Caputo, Minister of Finance, Argentina

Lea Giménez Duarte, Minister of Finance, Paraguay

José Antonio González Anaya, Secretary of Finance and Public Credit, México

Felipe Larraín Bascuñán, Minister of Finance, Chile

David Tuesta, Minister of Economy and Finance, Perú


Liliana Rojas-Suarez, Director, Latin America Initiative, Center for Global Development

Máximo Torero, Executive Director for Argentina, Bolivia, Chile Paraguay, Peru and Uruguay, World Bank Group

Most countries in Latin America are currently reporting fiscal deficits and many have increased their external debt ratios. This has refocused attention on whether the region’s resilience to external shocks has deteriorated, and it has raised questions about Latin America’s ability to reignite growth and support development efforts.

At this event, Ministers of Finance from the region will discuss their challenges and solutions, on issues that include:

  • Is there enough fiscal space to react to external shocks, including a higher than expected increase in U.S. interest rates?
  • Is increased external indebtedness by the public sector a concern for the region? What about private sector debt?
  • Given the low rates of growth in Latin America, what role will governments’ spending and tax policies play in revitalizing the regions’ economies?
  • As several countries are affected by political scandals, is there hope for important growth-enhancing fiscal reforms in the near future?                                                                                                                                                                                                                                                                                                                                                                                                                       
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