Search results

Second COVID wave will worsen Argentina debt outlook

Location:

ARGENTINA

Amid signs of mild economic recovery, the government is seeking to postpone debt payments to the IMF and Paris Club. Fiscal adjustment is already underway, but the government…

Turkish go-it-alone policy raises currency crunch risk

Location:

TURKEY

It has fallen from about 6.50 at end-March and 5.95 at end-2019. There is speculation about a possible balance of payments crisis due to the COVID-19 pandemic, economic…

COVID-19 crisis will interrupt Dominican GDP growth

Location:

DOMINICAN REPUBLIC

The Dominican Republic and COVID-19.

Pandemic to worsen recession and instability in Haiti

Location:

HAITI

World Bank and IMF financial support totalling USD142mn, in the form of grants and zero-interest loans, will help partially to cover increasing external and fiscal financing gaps…

Economic orthodoxy will face challenges in Argentina

Location:

ARGENTINA

The 2021 budget implies a significant fiscal adjustment, with the primary deficit falling from 7-8% of GDP in 2020 to 4.5% in 2021, mainly due to the end of the pandemic relief…

Tourism reopening will ease Bhutan’s economic strains

Location:

BHUTAN

The kingdom has raised the long-standing ‘sustainable development fee’ (SDF) for visitors from most countries to USD200 per night from USD65. It hopes that tourism revenue can…

COVID-19 to compound Nicaragua’s economic woes

Location:

NICARAGUA

Economic troubles.

Russia's fiscal planners favour stability over growth

Location:

RUSSIA

Spending will be cut by nearly 2% this year to keep the budget in a slight surplus. Russian policymakers face a now familiar trade-off between their desire for fiscal rectitude…

Dominican Republic on track for a robust recovery

Location:

DOMINICAN REPUBLIC

In comparison with 2019 output figures, the 2021 GDP increase amounts to 4.7%, reflecting a real reactivation of the economy rather than merely a statistical rebound, as seen in…

Elections may end attempts at orthodoxy in Argentina

Location:

ARGENTINA

Lower spending and a contraction in the monetary base have helped reduce the gap between the official and informal exchange rates and devaluation expectations. The government also…