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Turkey will reduce inflation gradually

Location:

TURKEY

Although the central bank has increased interest rates substantially since June 2023, the effects on economic activity and inflation have been limited. Prices and policy…

Foreign exchange shortages will persist in Guyana

Location:

GUYANA

These difficulties have arisen despite the sharp rise in oil output to nearly 143 million barrels last year, from which the government received some USD1.6bn in revenues. Oil…

Pakistan will be optimistic about its IMF talks

Location:

PAKISTAN

Islamabad now seeks a larger, longer-term bailout programme with the Fund. Finance Minister Muhammad Aurangzeb has suggested that a staff-level agreement on such a package could…

Market concentration will remain high in Latin America

Location:

LATIN AMERICA

Markets in the region are characterised by the dominance of a small number of large firms, and the Bank believes that governments can spur growth by strengthening competition…

China set for near-5% growth amid imbalances and risks

Location:

CHINA

Quarter-on-quarter growth accelerated to 1.6%, from 1.2% previously. A 6% year-on-year expansion in the secondary sector -- manufacturing and construction -- led the growth, while…

Key Indian development target is highly challenging

Location:

INDIA

The target is associated with reaching GDP of USD30tn, compared with less than USD4tn currently. Modi, in power since 2014, appears on course to win a third straight term.

Rabat’s maritime sector will help geopolitical aims

Location:

MOROCCO

Existing conditions facilitate this: the country's open economy is highly dependent on foreign trade, it enjoys access to Mediterranean and Atlantic routes and ongoing…

Economic improvement in Chile will remain moderate

Location:

CHILE

The figures also indicate that the imbalances created by pandemic-related injections of liquidity in 2000 and 2021 have largely been corrected.

Kenya’s new budget targets significantly lower deficit

Location:

KENYA

After redeeming much of its USD2bn Eurobond in February, the government has effectively dispelled fears of a default. Nevertheless, it remains under pressure to consolidate public…

Steady wage and price growth is in sight for Japan

Location:

JAPAN

Yen weakness in the face of persistently strong US interest rates argues for further monetary tightening but that is countered by wage- and price-growth in Japan remaining below…