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Bleak economic indicators will be the norm in Sudan

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SUDAN

Nevertheless, for the first time since the war broke out, the central bank has presented a monetary policy strategy and the finance ministry a budget.

Climate finance will grow but huge challenges persist

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INTERNATIONAL

Climate investment globally topped USD1tn last year but remains well short of the estimated USD8tn requirement. Most funding goes to developed economies and mitigation projects…

Latin American infrastructure funds will focus on Asia

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LATIN AMERICA

This is the largest-ever fund aimed at improving integration on the continent, and comes at a pivotal moment for the Mercosur trade bloc, which is facing an existential crisis…

Digital euro will launch but perhaps later than 2027

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INT

The digital euro project is the most advanced central bank digital currency (CBDC) plan among Western economies. It promises enhanced strategic autonomy, faster payments and to…

Risks will outweigh recovery chances in Eastern Europe

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EASTERN EUROPE

The economic environment has been dictated by Russia’s war in Ukraine and its market and policy implications. Next year, the prospects for the V4 economies are moderately upbeat…

Slow growth may hit trust in Colombia’s government

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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…

East Africa wind power will expand despite challenges

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EAST AFRICA

With an installed capacity of 310 megawatts, LTWP is Africa’s largest operational wind farm. However, despite its potential, wind power remains a small part of East Africa’s…

Geothermal energy production will grow in East Africa

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EAST AFRICA

The plan envisages a massive expansion of geothermal energy, through the sinking of 57 new wells across six major steam fields, which would make Kenya the world’s fourth-largest…

Brazil renewables will gain priority amid challenges

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BRAZIL

Brazil has one of the cleanest energy matrixes in the world by international standards. However, the production of oil and oil derivatives continues to grow, and the country is…

Beijing will strive to revive growth

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CHINA

Held on October 30-31, it was attended by President Xi Jinping and various top officials. The conference formulated priority tasks to address financial risks the country is facing…