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South African government faces public-sector showdown

Location:

SOUTH AFRICA

The negotiations follow the government’s refusal last year to pay the final annual tranche of a previous three-year deal. Containing the public-sector wage bill is seen as key for…

Domestic demand to boost Bolivia’s economic rebound

Location:

BOLIVIA

Public investment halved in comparison with 2019 while on the supply side, mining, manufacturing and construction posted major slumps. All sectors contributed to the overall…

Romania hopes to surmount virus’s expected second wave

Location:

ROMANIA

Government measures to support workers and companies seem to have worked. With closer state-corporate dialogue established, surveys and some data give grounds for measured…

Inflation and inequality to pressure Cuban government

Location:

CUBA

Price hikes for petrol, electricity, water and gas are among several adjustment measures that will drive up living costs, compounding already high inflation. Meanwhile…

Mexican fiscal orthodoxy to be maintained amid crisis

Location:

MEXICO

Public finances have not so far deteriorated as dramatically as they might have done, considering the economic contraction caused by the COVID-19 pandemic. This is explained…

Costa Rica’s pandemic response faces political hurdles

Location:

COSTA RICA

In August, it asked the IMF for a USD1.75bn credit under the Extended Fund Facility. This will come on top of the USD504mn approved by the IMF for emergency financial assistance…

Zimbabwean government will try to entrench its control

Location:

ZIMBABWE

Chamisa’s call comes amid worsening political and economic crises and rising public frustration with President Emmerson Mnangagwa and the ruling ZANU-PF. Meanwhile, Mnangagwa’s…

Pandemic to worsen Costa Rica’s weak fiscal position

Location:

COSTA RICA

Transport and hospitality have been the hardest-hit sectors, posting plunges of more than 15 percentage points in July-September against the same period in 2019. Household…

Sierra Leone's revenue problems are likely to mount

Location:

SIERRA LEONE

Yet President Julius Maada Bio’s administration still needs further contributions to fund its COVID-19 response plan. Meanwhile, tensions between the ruling Sierra Leone People’s…

New Colombian fiscal reform will pass but is flawed

Location:

COLOMBIA

The plan avoids new taxes on individuals, instead increasing the fiscal burden on firms. The proposed measures aim to generate COP15.2tn (USD3.9bn) in new revenue, which would be…