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Brazil fiscal and welfare spending demands will clash

Location:

BRAZIL

The economy is at a crossroads: high unemployment and increasing poverty are generating pressures for greater income transfers, but the delicate fiscal position is generating…

Slower Polish growth may upset 2019 budget targets

Location:

POLAND

With a two-year electoral cycle getting under way, the PiS government may be tempted to increase social spending. The stronger-than-expected economic outturn in the first half of…

Economic package will polarise opinion in Ecuador

Location:

ECUADOR

The government's precarious fiscal position means that some taxes will be increased, but the rate of VAT will remain unchanged. Much of the adjustment will come about from the…

Departure of New Zealand’s Key may open 2017 election

Location:

NEW ZEALAND

The unexpected departure of a popular prime minister opens up more space for opposition parties in the next election due by early November 2017. On Key’s watch, New Zealand…

Markets do not expect Hungary to quell inflation

Location:

HUNGARY

This was legislating by decree; the announcement gave few details of the changes from the budget passed in parliament in mid-2022. The announcement did say an increase in the…

Copper will bolster economic improvements in Peru

Location:

PERU

The booming copper industry will stimulate production overall while helping to bolster export earnings and treasury receipts. The Castillo administration has produced proposals…

Massa rallies but Argentina run-off remains open

Location:

ARGENTINA

The Massa-Milei run-off was widely expected but the result of the October 22 first round was less so, with Massa receiving 36.7% of the vote to nearly 30.0% for Milei. Much will…

Rousseff's Brazil reforms risk running onto the rocks

Location:

BRAZIL

President Dilma Rousseff is seeking economic reforms and fiscal adjustment to increase Brazil's international competitiveness, focussing on improving infrastructure, human capital…

Colombia tax reform and budget will be watered down

Location:

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…

Milei candidacy will shape Argentine electoral debate

Location:

ARGENTINA

Milei, currently a national legislator, is running on a conservative platform that would rely on deregulation, trade liberalisation and a massive reduction in government…