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Prospects for Argentina to end-2023

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PROSPECTS H2 2023

Although pre-election spending normally militates against a sharp drop in growth in election years, there is little margin for this in a context of low reserves, spiralling…

Latin American remittances growth will slow this year

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LATIN AMERICA

Despite the slowdown, growth in remittances in 2022 still reached double digits. This was mainly due to the strength of the labour market in the United States, where the majority…

Major challenges lie ahead for Bangladesh’s leader

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BANGLADESH

The visit was especially notable in light of the tough measures the United States adopted to promote democracy in Bangladesh ahead of the January general election, and…

Rift within Philippine administration will deepen

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PHILIPPINES

Duterte has come under criticism in Congress over her use of confidential funds (CFs). Despite the president’s remarks, he and his deputy appear to be at odds on a range of issues.

Election plans carry risks for Sri Lanka’s leader

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SRI LANKA

According to the constitution, the next presidential election must take place in September-October 2024, but parliamentary polls are not due until 2025. Wickremesinghe is heavily…

Sri Lanka government faces rising pressures

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SRI LANKA

The bailout’s second tranche cannot be released until the review is complete. Separately, the government is battling accusations that it is protecting individuals who helped…

Outlook is mixed for Indonesian economy

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INDONESIA

A key driving factor was soaring government consumption ahead of the February general election, which included the race to succeed Joko ‘Jokowi’ Widodo as president, won by…

Brunei will step up efforts to diversify economy

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BRUNEI

The IMF recently recommended structural reforms to bolster the economy, which has struggled to recover from the impact of the COVID-19 pandemic. Brunei has long been reliant on…