In 2023, the South American country’s high inflation is expected to surpass 100% and economic growth estimated at 0.3%.
Latest articles from Barbara Pianese
Cover story: Redefining development banks’ purpose in Latam
March 1, 2023In Latin America alone, there is an estimated $650bn annual development financing gap to meet the UN Sustainable Development Goals. Should development banks’ focus change to support increasingly high ambitions?
Inflation: beyond the headlines
February 28, 2023Headline inflation does not help in investigating how inflation impacts distinct population groups and countries differently.
Has credit in emerging markets reached a dangerous level?
February 21, 2023Credit expansion in emerging market economies has been rising steadily for years and reached a peak in 2020.
Latin America’s economic challenges for 2023
February 17, 2023Short- and long-term economic challenges and shifting growth paradigms are the topics of discussion for the Latam economists participating in The Banker’s roundtable.
Estonian banks solid despite high inflation
February 14, 2023The Baltic country’s banking sector is demonstrating resilience to external shocks.
Zenus Bank’s cross-border ambitions
February 8, 2023Mushegh Tovmasyan, founder of Puerto Rico-based Zenus Bank, lays out its growth plans amid a changing fintech landscape.
Israeli banks warn of growing risk from judicial reform plans
February 7, 2023The proposed overhaul of the judiciary will discourage foreign investors, critics say.
Panama’s banks at a crossroads
January 31, 2023The country has developed a resilient banking sector over the years, but challenges such as falling behind in competitiveness and Gafilat’s grey-listing remain.
Peru’s banking system to grow says finance minister
January 31, 2023The banking industry in Peru is nascent but stands to benefit from planned government measures, explains Alex Contreras, minister of economy and finance.