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Mexico's weak GDP growth will outlast Pena Nieto

Location:

MEXICO

GDP growth shows no sign of improving in the short-term.

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…

Philippines will prioritise infrastructure development

Location:

PHILIPPINES

Last month, the Senate passed a Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill. Both houses of Congress have approved a PHP4.5tn (USD93.4bn) budget for 2021.

Colombia tax reform and budget will be watered down

Location:

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…

Fiscal framework will aim for sustainability

Location:

BRAZIL

The framework’s goal is to give the government flexibility to implement its policy commitments, including the Bolsa Familia welfare programme and increased minimum wages and…

Greece’s political and economic prospects are fragile

Location:

GREECE

Thus ends eight years of economic policy oversight by the ECB, European Stability Mechanism and IMF, in exchange for some 275 billion euros (315 billion dollars) in soft loans…

New Greek government right or left will undo austerity

Location:

GREECE

The Syriza government, trailing by a margin of around 10 percentage points (pp), has abandoned its commitment to creditors to reduce pensions and taxes in exchange for debt relief…

Bet on Canada's spending poses risks for Trudeau

Location:

CANADA

It includes large federal stimulus spending to spur economic growth and to alleviate the worst impacts of the collapse in global commodity prices, particularly oil. The budget…

Slower Polish growth may upset 2019 budget targets

Location:

POLAND

With a two-year electoral cycle getting under way, the PiS government may be tempted to increase social spending. The stronger-than-expected economic outturn in the first half of…

Interest rates will continue to rise in Brazil

Location:

BRAZIL

The increase, the largest since 2002, comes despite low growth expectations and reflects concerns over rising inflation, with the Central Bank warning of a similar rate rise in…