A resurgence in mining and infrastructure investment is expected to drive economic growth this year.
Argentina's treasury minister Nicolás Dujovne is now coordinating nine ministries as IMF chief Christine Lagarde comments on the government's request for a financial support package and the World Bank awards a US$300mn loan aimed at those without health insurance.
The monetary authority ordered the liquidation of Gradual Corretora due to irregularities and financial health issues.
The head of the central bank in troubled Nicaragua provided details about how much the recent unrest has cost the country's economy. A new release of fiscal data shows Costa Rica's already-high deficit climbed even higher in Q1.
The financing will serve to carry out rehabilitation works on the Pirámides-Tulancingo-Pachuca federal highway, as well as to build an ISSSTE general hospital in Mexico City.
Incumbent President Nicolás Maduro secured a new six-year term on Sunday in a poll marked by low voter turnout and allegations of widespread irregularities.