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Colombia’s economy faces sluggish growth in 2024

Location:

COLOMBIA

Expectations for 2024 suggest lower inflation than last year, but risks persist. The OECD forecasts moderate GDP growth, highlighting inflation and interest rate concerns. Minimum…

Guinea's junta may face growing discontent

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GUINEA

The explosion caused extensive damage in Conakry’s Kaloum peninsula, killing at least 25 people and injuring 454, with many remaining unaccounted for. Fallout from the disaster…

Basic Policy signals Tokyo’s economic direction

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JAPAN

These policies also foster communication between government and business, labour unions and other stakeholders. Continuity of policy is matched this year by adjustment in response…

Nigeria’s foreign currency supply will grow slowly

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NIGERIA

The move has resulted in official rates depreciating sharply and converging with the parallel market rate; the spread has narrowed to just 16%. The change in policy means that the…

Zimbabwe may struggle to resolve its economic crisis

Location:

ZIMBABWE

This translates into soaring prices for essential goods with dire implications for the estimated 43% of the population living in extreme poverty. Contributing to the situation is…

Iraq’s three-year budget will promote state capture

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IRAQ

Parliament on June 12 approved a three-year budget mandating record high expenditure, including an increased public sector wage bill that accounts for a large proportion of…

Manama will struggle to vary its investor offering

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BAHRAIN

The Economic Development Board (EDB), the country’s investment promotion agency, announced in March that its ‘golden licence’ scheme of incentives for local and foreign investors…

Tourism to drive Belize economic growth amid slowdown

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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…

South Korea’s ruling party is at risk of poll defeat

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SOUTH KOREA

Yoon’s gaffes and misjudgements have cost him support ahead of the polls, although turnout and the impact of third parties remain possible swing factors.

Bahrain’s growth plan faces regional challengers

Location:

BAHRAIN

Manama exceeded its own fiscal and economic expectations in 2022, as the budget came close to balance one year earlier than targeted and real non-oil GDP surged by 6.2%, driving…