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French government faces a difficult fiscal dilemma

Location:

FRANCE

As a result of dwindling tax revenue, he also said that state spending would be cut by EUR10bn (USD10.8bn). The government’s forecast for this year is more optimistic than…

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.

Indian telecoms law expands state's powers

Location:

INDIA

The changes follow complaints from the government about the content generated by Gemini on some of Prime Minister Narendra Modi’s policies. While election-related disinformation…

Gulf economies are on a stable track despite risks

Location:

GULF STATES

The IMF has revised downwards its forecast for Saudi GDP growth in 2024 to 2.7% but raised its 2025 forecast to 5.5%. This reflects a positive medium-term outlook for the Gulf…

Different demand pictures dominate the outlook for oil

Location:

INTERNATIONAL

Markets have largely taken Red Sea trade disruption in their stride. Increased non-OPEC supply is expected this year, leaving the major uncertainty around the impact on demand of…

Slow growth may hit trust in Colombia’s government

Location:

COLOMBIA

Government spending levels depend on those of individual ministries, some of which spent remarkably little last year, raising questions about budgetary decision-making. Recent…

Ecuador’s 2024 budget will prompt mixed reactions

Location:

ECUADOR

However, there are signs that political cooperation is beginning to crumble, which will reduce the pace of reform. A National Assembly vote later this month on the government’s…

India’s role in regional maritime security will grow

Location:

INDIA

Separately, the IN’s presence in the Arabian Sea has increased markedly since December, in response to threats associated with the fallout from the Israel-Gaza war. Defence…

Peru's growth will remain sluggish this year

Location:

PERU

The economy is increasingly dependent on the mining sector and on mineral sales to China. The domestic economy remains hampered by depressed internal demand.

Fiscal and external challenges lie ahead for Panama

Location:

PANAMA

Panama has demonstrated resilience and maintained economic momentum, despite challenges such as reduced traffic through the drought-stricken Panama Canal and the closure, after…