Featuring
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
Hosts
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?
