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Tourism to drive Belize economic growth amid slowdown

Location:

BELIZE

Real GDP surged by 15% in 2021 and 12% in 2022, then by 4% in 2023. With inflation easing, risks of social instability have probably fallen over the past year, but growth looks…

Costa Rica's medical device sector will grow further

Location:

COSTA RICA

Precision and medical equipment has been the country’s largest export sector since 2017. It maintained that position in 2023, achieving 28% growth year-on-year and contributing…

Strikes will increase political pressure on Rabat

Location:

MOROCCO

There have been protracted negotiations following strikes by teachers last year. Concerns over continued disruption to education and possible contagion to other sectors are…

West Africa faces a future of recurring intense heat

Location:

WEST AFRICA

The researchers found that the heatwave would likely not have occurred if global temperatures remained at pre-industrial levels. Several factors worsened the heatwave’s impact and…

Sudan conflict puts pressure on local governance

Location:

SUDAN

Government institutions located in the capital, Khartoum, where major fighting persists, have been severely disrupted. Some have tried to relocate and re-establish themselves in…

Prospects for India in 2024

Location:

PROSPECTS 2024

Meanwhile, the government and the Reserve Bank of India (RBI) both expect 6.5% GDP growth in the fiscal year ending March 2024, which would put the country among the top economic…

Rapid recovery will prove elusive in Argentina

Location:

ARGENTINA

The primary surplus (0.6% of GDP) was driven by a 35% real fall in primary spending, which offset a recession-induced 4.5% drop in revenues. Month-on-month inflation has also…

More Syrians will go hungry, at home and abroad

Location:

SYRIA

Donors have over the past year sharply cut humanitarian assistance to Syrians both inside and outside the country, citing funding shortfalls and record levels of global need. Food…

Brazil banks foresee renewed lending growth this year

Location:

BRAZIL

The Brazilian financial system, which is still dominated by five state and private banks, saw slower loan growth and worsening asset quality in 2023 due to high inflation and…