Latin America Risk Report

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Region - Fuel subsidies vs debt vs protests

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Region - Fuel subsidies vs debt vs protests

Most countries in the hemisphere don’t have money for fuel subsidies and don’t have the political capital to cut those subsidies.

Boz
Apr 21, 2022
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Region - Fuel subsidies vs debt vs protests

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Greg Ross researched and co-authored today’s newsletter.

High oil and gas prices mean Latin American governments of all ideological stripes are considering fuel subsidies. Most of the region ate up its fiscal space through pandemic spending. Now, with high debt payments and little free cash to blunt the impact of rising prices, governments will struggle …

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