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Trudeau budget accepts debt while going for growth

Location:

CANADA

Containing stimulus measures worth over CDN100bn (USD80bn), it aims to nurture and sustain a post-COVID recovery that is now expected to see growth of 6.5% this year. However, it…

Cambodia’s Hun Manet will prioritise economy

Location:

CAMBODIA

The Cambodian People’s Party (CPP) -- led by former premier Hun Sen, Hun Manet’s father -- won 120 out of 125 seats in the National Assembly, the lower house, in last July’s…

Canada statement prefigures likely early election

Location:

CANADA

The government expects a CAD381bn (USD297.5bn) deficit for fiscal year 2020-21 (ending March 31). It also promised a CAD100bn stimulus package from calendar 2021, in further…

Bangladesh is playing it safe with IMF move

Location:

BANGLADESH

At least part of the support would be from the Fund’s new Resilience and Sustainability Trust (RST). Several media reports have described Dhaka’s move as a request for a bailout…

Prior actions passed will unlock Greek bailout cash

Location:

GREECE

This allowed the Eurogroup of euro-area finance ministers to authorise the release of 12 billion euros (12.8 billion dollars) from the latest bailout package of 86 billion -- 2…

Japan’s prime minister will face multiple obstacles

Location:

JAPAN

Kishida outlined an economic stimulus package promising growth and the strengthening of supply capabilities, as well as the promotion of large-scale investment in semiconductors…

Populism will win whoever triumphs in Croatia poll

Location:

CROATIA

Political outlook.

US financial deregulation bill will snag in Senate

Location:

UNITED STATES

Although the most recent failure of the Republican push to repeal Obamacare in the Senate has had a higher profile, the Financial Choice Act faces stronger odds against passage;…

El Salvador’s Bukele will not bow to criticism

Location:

EL SALVADOR

President Nayib Bukele’s New Ideas (NI) won an overwhelming victory in February’s legislative elections, securing 56 of 84 seats. Bukele had often clashed with the Constitutional…

Poland's economic outlook will be uncertain under PiS

Location:

POLAND

Amid an ongoing constitutional crisis, the Law and Justice (PiS) government, which was sworn into office on November 16, has been busy revising fiscal targets and agreeing draft…