Press Release
The Economic Commission for Latin America and the Caribbean (ECLAC) will hold the XXXV edition of the Regional Seminar on Fiscal Policy from May 15 to 17. For 35 years, this renowned regional forum has brought together authorities, experts, civil society and academia to discuss the fiscal policy challenges facing the countries of the region.
The meeting includes the participation of the Inter-American Development Bank (IDB), the Organization for Economic Cooperation and Development (OECD) and the International Monetary Fund (IMF), and is sponsored by the Spanish Agency for International Development Cooperation (AECID).
The seminar will be attended by authorities from the Ministries of Finance of 14 countries in the region and recognized experts from international organizations, academia, civil society and non-governmental organizations.
Participants will address the challenges of fiscal policy to stimulate growth and productive transformation in a complex macro-financial context characterized by low growth levels, high inflation rates and growing uncertainties about the international financial market.
In addition, they will discuss options for the use of innovative sovereign financing instruments, revenue policies for sustainable development, and public spending for inclusion and growth.
During the event, ECLAC will publish the Fiscal Panorama of Latin America and the Caribbean 2023, an annual publication in which the United Nations regional organization urges the promotion of fiscal policy for growth, redistribution, productive transformation and sustainability, with a view to promoting a sustainable development path in the region, based on the construction of more dynamic economies and more inclusive societies.
In addition, ECLAC will publish the report Public debt and development distress in Latin America and the Caribbean, which analyzes the difficulties arising for development when countries face high interest payments and public debt, and calls for a transformation of the international sovereign debt architecture.
The XXXV Regional Seminar on Fiscal Policy will also include the presentation of the results of the report Revenue Statistics in Latin America and the Caribbean (version 2023), a publication prepared jointly by ECLAC, the OECD Centre for Tax Policy and Administration, the OECD Development Centre, the Inter-American Center of Tax Administrations and the IDB.
The press is invited to follow the meeting at https://live.cepal.org/seminariofiscal/ and on ECLAC's website.
The full program for the event is available in Spanish at the following link.
What: XXXV Regional Seminar on Fiscal Policy
Who:
- José Manuel Salazar-Xirinachs, Executive Secretary of ECLAC.
- Finance Ministers from 14 countries of the region.
- Renowned experts from international organizations, academia, civil society and non-governmental organizations.
When: Monday, May 15 - Wednesday, May 17, 2023
Opening remarks (Monday, May 15, 15:00 Chile, GMT -4):
- José Manuel Salazar-Xirinachs, Executive Secretary of ECLAC.
- Rafael Garranzo García, Spanish Ambassador to Chile.
Where: ECLAC Headquarters (Av. Dag Hammarskjöld 3477, Vitacura, Santiago, Chile).
Online broadcast on ECLAC’s website and at https://live.cepal.org/seminariofiscal/
For queries, contact ECLAC’s Public Information Unit.
Email: prensa@cepal.org; Telephone: (56) 22210 2040.