August 23, 2021 |
Presidential elections are raising fiscal uncertainty amid rising social spending pressure in Chile, Colombia and Peru, potentially affecting their sovereign credit assessments, Fitch Ratings said in a report on Thursday.
While a new administration recently took office in Peru, Chile will hold a presidential election in November and Colombia in May 2022. This is raising political tension and social discontent, which were building before the COVID-19 pandemic exposed the weak health systems, soci
Presidential elections in Chile, Colombia and Peru are raising fiscal uncertainty, Fitch says