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South African budget may ease downgrade fears

Location:

SOUTH AFRICA

The first budget since new President Cyril Ramaphosa election by parliament last week, it outlines the National Treasury’s response to a 48.2-billion-rand (4.2 billion dollars…

South Africa’s government faces major tax dilemmas

Location:

SOUTH AFRICA

Wealth, inheritance and ‘solidarity’ taxes are being considered -- with the latter recently flagged as one solution to pay for COVID-19 vaccine procurement and pandemic-related…

EU-UK compromise unlikely until UK politics changes

Location:

EU/UK

The scope of the bill -- which could enable London to remove the role of the Court of Justice of the EU (CJEU) and end the application of EU rules to value-added tax (VAT) and…

Zimbabwe economic pressures will linger

Location:

ZIMBABWE

Since its introduction in February, the local real-time gross settlement (RTGS) dollar, a de facto new local currency, has lost over 60% of its value relative to the US dollar on…

Transnistria political crisis could grow in 2016

Location:

MOLDOVA

Transnistrian politics.

Angolan government will point to early reform progress

Location:

ANGOLA

The underperformance of the oil sector, coupled with a recent fuel distribution crisis, have combined to dampen growth forecasts for 2019. While President Joao Lourenco’s…

Greece’s Syriza may lose 2019 vote to come back later

Location:

GREECE

The minority Syriza government has declared its intention to row back from tax and pension reforms to regain popularity ahead of the upcoming polls and the autumn national…

Poor domestic revenues risk undoing Ghana rebound

Location:

GHANA

Recent strong economic growth is auspicious for the performance of the government’s Extended Credit Facility (ECF) with the Fund. Nevertheless, fiscal consolidation efforts may be…

Nigeria’s 2020 budget plans could prove impossible

Location:

NIGERIA

Nigeria's 2020 budget.

Slovenia’s government will work with new president

Location:

SLOVENIA

Although her victory -- as an independent candidate -- is not what the governing Freedom Movement (GS), Social Democrat (SD) and Left (Levica) parties hoped for, they are relieved…