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Next UK government will have limited fiscal space

Location:

UK

The party has been cautious regarding its economic plans, reflecting the difficult fiscal situation it will encounter should it win in July. Low growth and rising debt mean that…

South Africa faces fiscal reform challenges

Location:

SOUTH AFRICA

However, there are question marks over his ability to deliver on the ambitious spending cuts needed as tax collection falls in a weak economy.

North Caucasus will remain under Moscow's control

Location:

RUSSIA

Russia has managed to ensure relative order and stability in the region in recent years, with transfers from the federal budget helping tame local opposition groups that…

French government faces a difficult fiscal dilemma

Location:

FRANCE

As a result of dwindling tax revenue, he also said that state spending would be cut by EUR10bn (USD10.8bn). The government’s forecast for this year is more optimistic than…

Kazakhstan will struggle to boost oil output

Location:

KAZAKHSTAN

Astana's aspirations to reach 2 million b/d have been set back by difficulties in raising output at major fields. Government efforts to diversify the economy away from…