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Poland's economic outlook will be uncertain under PiS

Location:

POLAND

Amid an ongoing constitutional crisis, the Law and Justice (PiS) government, which was sworn into office on November 16, has been busy revising fiscal targets and agreeing draft…

High corporate debt risks Brazil's post-COVID recovery

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BRAZIL

Small companies have been the most affected. Government programmes have supplied credit but struggled to channel funds to the neediest companies, especially at the beginning of…

Poland's new NBP governor may bring gradual change

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POLAND

Poland faces an uncertain second quarter, the economy having slowed to its lowest point since late 2012. Questions are being raised over the outlook for interest rates under new…

Turkey must reform structurally to meet fiscal targets

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TURKEY

The draft foresees a central administration budget deficit of 80.6 billion lira (14.3 billion dollars) or 1.8% of GDP. Maintaining fiscal discipline would bolster international…

More developing countries will face debt distress

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INTERNATIONAL

EMDC debt distress.

More Turks could lose jobs as COVID-19 plays out

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TURKEY

Hurriyet Editor-in-chief Ahmet Hakan has queried whether Turkey is becoming a society without class or privilege. Well-intentioned anti-crisis policies have widened inequalities…

Belarus recovery will depend on external conditions

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BELARUS

Chronic problems in the Belarusian economy.

Soft landing has become more likely in Central Europe

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EU

The NBP’s March Inflation Report lowers its forecast for average CPI significantly to 1.7%, from 3.2% in its November forecast; GDP is to grow by 4.0% (November: 3.6%). Outside…

Colombia tax reform and budget will be watered down

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COLOMBIA

Various interest groups, including the private sector, political actors and civil society organisations, are likely to put pressure on the government to reduce its revenue targets…

Policy splits will worsen Argentina inflation outlook

Location:

ARGENTINA

Though global commodity prices are a factor, inflation started accelerating in late 2021 due to pre-election monetary expansion. The rise has deepened differences between the…