ECLAC publication ‘Fiscal Panorama of Latin America and the Caribbean 2023’ examines options for strengthening personal income tax to boost its revenues and redistributive potential
This week UN ECLAC’s report ‘Fiscal Panorama of Latin America and the Caribbean, 2023’ has been published (Fiscal Panorama of Latin America and the Caribbean 2023: fiscal policy for growth, redistribution and productive transformation). In 2022, the fiscal situation in Latin America and the Caribbean was characterized by rising tax revenues and declining in public spending, resulting in smaller fiscal deficits. Nevertheless, public debt remains high. Against this backdrop, this ...