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Tourism to drive Belize economic growth amid slowdown

Location:

BELIZE

Real GDP surged by 15% in 2021 and 12% in 2022, then by 4% in 2023. With inflation easing, risks of social instability have probably fallen over the past year, but growth looks…

Romania will not meet OECD goals by date set

Location:

ROMANIA

The government regards joining the OECD as a national objective. Having opened accession negotiations in January 2022 and received its roadmap that June, the publication last…

Morocco will struggle to lift growth rates

Location:

MOROCCO

This is below the medium-term target of average annual real GDP growth of 6%, with economic performance largely affected by poor agricultural harvests. There was a modest recovery…

Alliance politics will be to the fore in India

Location:

INDIA

The NDA has a much diminished majority in parliament’s lower house. The BJP lost its single-party majority.

South Korea will regain growth momentum

Location:

SOUTH KOREA

Separately, the head of Samsung Electronics -- the cornerstone of the Samsung Group, which contributes around 20% of South Korea’s GDP -- has been cleared of wrongdoing in a…

New rules may help consolidate Nigeria's banks

Location:

NIGERIA

The new regulations respond in part to the naira’s recent devaluation and depreciation, which have substantially shrunk domestic banking capital in dollar terms. It is the first…

Slow growth may hit trust in Colombia’s government

Location:

COLOMBIA

Government spending levels depend on those of individual ministries, some of which spent remarkably little last year, raising questions about budgetary decision-making. Recent…

Dominican election result points to stability

Location:

DOMINICAN REPUBLIC

His Modern Revolutionary Party (PRM) did similarly well, securing its largest-ever Senate majority and taking a majority in the Chamber of Deputies. Success was built on a strong…

UK election will determine direction of EU relations

Location:

UNITED KINGDOM/EU

Labour has indicated that, if elected, it would pursue closer regulatory alignment and deals on security and mobility with the EU. The party has denied reports it might consider…

Solutions struggle to cut EU small-firm funding woes

Location:

EU

This financing gap -- between what SMEs require to meet expansion targets and what they can raise from internal or external sources -- has been estimated at 1.1-2.2% of GDP…