March 16, 2021 |
Latin America’s finance ministers have never had it easy. What happens in global markets — currency crashes, commodity slumps, stock routs — all too often send shock waves through the region to muddy economies and public finances far from an epicenter.
Then there was 2020. The COVID-19 pandemic brought what most observers — and finance ministers themselves — declared to be an unprecedented crisis as lockdowns to contain the spread of the deadly coronavirus brought activity to near standstills. Businesses closed, joblessness and poverty surged, public finances came under stress — and yet the virus continued to kill.
This made it hard to pick LatinFinance’s Finance Minister of the Year in Lat
Analysts and economists credit Briones with helping Chile pull out of a slump with little fiscal damage and continued demand for its bonds