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Prospects for South-east Asia to end-2020

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PROSPECTS H2 2020

This is helping to insulate them from immediate political pressures relating to the pandemic crisis, but their hopes for spurring long-term economic recovery depend greatly on…

South African relief plan will not halt further slide

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SOUTH AFRICA

South African relief package.

Emerging Asia activity will slow despite China rebound

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INTERNATIONAL

ASEAN's growth is nevertheless expected to outpace global growth, of which China and India are expected to contribute more than 50% -- India about 15% and China around 35%.

Prospects for the global economy in 2021

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PROSPECTS 2021

Europe and the United States may slip back into recession in the northern hemisphere winter. If vaccination succeeds, the advanced economies will recover robustly from mid-2021…

Central-East European banks will weather COVID-19 hit

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EUROPE

Lockdowns to contain the spread of COVID-19 have slowed economic activity. Throughout Central, Eastern and South-eastern Europe (CESEE), there were major portfolio outflows in…

COVID-19 lockdown will deepen India’s rifts

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INDIA

Impact of India's COVID-19 lockdown.

Prospects for India in 2022

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PROSPECTS 2022

Meanwhile, GDP is projected by the Reserve Bank of India (RBI) to grow by 9.5% in the fiscal year ending March, rebounding from its 7.3% contraction in 2020/21. Economic goals…

Pakistan will try to bargain with IMF

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PAKISTAN

Shortly before Azhar replaced Abdul Hafeez Shaikh in the post, the IMF announced resumption of Pakistan’s stalled Extended Fund Facility (EFF) programme. The loan was agreed in…

Bangladesh economy will ride out pandemic crisis

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BANGLADESH

In late May, it approved a three-month, USD200mn currency swap with Sri Lanka to help ease Colombo’s foreign exchange woes. The move underscores its growing economic strength…