The government decree on July 20th has meant that anything can be found and sold in garage sales at a better price than local stores and shopping centers.
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The Government admitted that the impact of inflation was “very hard” this year and offered that the price freeze seeks “a truce” in the last part of the year so that wages can beat the price trends in 2021.
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The drop in activity was very clear in agriculture and tourism.
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With this decision, Venezuela has already eliminated 14 zeros over the last 13 years.
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Panama’s Inter-American Development Bank (IDB) representative, Rocío Medina Bolívar, is calling on the country to diversify its economy.
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Seven Latin American and Caribbean countries have joined a program called “Fruits and vegetables, benefits for health and nutrition,” where they exchange their knowledge of fruit and vegetable consumption to improve healthy habits and lifestyles, essential for the achievement of the 2030 Agenda of the Sustainable Development Goals.
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Colombia must shake off “the obsession with possession” and focus instead on land use and distribution to forge a better future.
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The Costa Rican “Passenger Fast Train” project has been declared of national interest by President Carlos Alvarado on September 23rd.
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Panama is struggling with economic recovery while the oil prices, which during September, added another challenge to the recovery.
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The repeal of law 27360 will deprive the Peruvian agriculture of technical support and this will cause a domino effect: “demand will drop, Peru will regress, and unemployment will grow.”
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