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Costa Rica’s pandemic response faces political hurdles

Location:

COSTA RICA

In August, it asked the IMF for a USD1.75bn credit under the Extended Fund Facility. This will come on top of the USD504mn approved by the IMF for emergency financial assistance…

Government may water down Greek pension reform

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GREECE

Pension reform is a critical compliance requirement for the Greek authorities with the 'quadriga' of creditors -- ECB, European Commission, European Stability Mechanism and IMF -…

Deteriorating external environment is main Greek risk

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GREECE

ND development plan.

South African budget prompts cheer and wider divisions

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SOUTH AFRICA

However, cuts to the social grants budget and a continued focus on the planned three-year wage freeze for civil servants has annoyed (among others) the ruling ANC's ‘Tripartite…

Turkey must reform structurally to meet fiscal targets

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TURKEY

The draft foresees a central administration budget deficit of 80.6 billion lira (14.3 billion dollars) or 1.8% of GDP. Maintaining fiscal discipline would bolster international…

Kuwait's politics will stall economic reforms

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KUWAIT

With huge financial reserves, low public debt and a small population, Kuwait is one of the Gulf Cooperation Council (GCC) states best equipped to ride out an extended period of…

Colombia tax reform and budget will be watered down

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COLOMBIA

Various interest groups, including the private sector, political actors and civil society organisations, are likely to put pressure on the government to reduce its revenue targets…

Fiscal framework will aim for sustainability

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BRAZIL

The framework’s goal is to give the government flexibility to implement its policy commitments, including the Bolsa Familia welfare programme and increased minimum wages and…

Russian external risk management constrains growth

Location:

RUSSIA

Russian management of external risks.

Slovenia's window of opportunity to reform is closing

Location:

SLOVENIA

The economy has been growing respectably, helped by rising exports, inward foreign direct investment (FDI), the ECB's quantitative easing and large inflows of EU structural funds…