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Low monetary credibility keeps strain on Turkish lira

Location:

TURKEY

The recovery from the record low of 4.93 on May 23 may reflect officials’ efforts to counteract President Recep Tayyip Erdogan’s disastrous interventions in Turkey’s economic…

Near-term IMF funds are ample, but more may be needed

Location:

INTERNATIONAL

IMF funding dynamics.

El Salvador GDP growth to moderate this year

Location:

EL SALVADOR

That growth, having followed a major pandemic-induced contraction in 2020, looks set to slow in 2022, with the IMF and ECLAC currently estimating figures of 3.2% and 3.8…

Armenia and Georgia need external funds for crisis

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ARMENIA/GEORGIA

Commodity exports have been hit in both countries, the Georgian tourism sector has become a source of weakness, and Armenia is exposed to Russia because of trade and labour…

External financing may buoy Tunisia's economy

Location:

TUNISIA

Prospects for the Tunisian economy since the formation of the coalition government.

Georgia vulnerable to external factors despite growth

Location:

GEORGIA

Georgian economic developments.

Widening imbalances to weigh on Colombia growth

Location:

COLOMBIA

Colombia's economy.

Pakistan’s IMF ties could be increasingly tense

Location:

PAKISTAN

Islamabad wants to ease some of the loan’s conditions. Separately, the United States, the IMF’s largest shareholder, recently said it would reassess its relations with Pakistan…

Kenya campaign promises face economic reality check

Location:

KENYA

However, their campaign promises, some of which are ambitious, may be constrained by a difficult budgetary situation, something which neither camp denies.

Honduras rebound from 2020 recession will be sluggish

Location:

HONDURAS

Hotels and restaurants, private construction and manufacturing suffered the sharpest declines. A gradual reopening of the economy since June should drive increased activity in the…