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Russia will expand support to small businesses

Location:

RUSSIA

However, small- and medium-sized enterprises (SMEs) play a significant role in the economy, especially in service industries. They also provide a rising share of new jobs. The…

COVID-19 crisis will hurt Africa’s informal sector

Location:

AFRICA

Domestic policies and international aid designed to counter the economic impacts will have only limited reach into informal economies, despite their key role in continental…

New Romanian cabinet's economic agenda may falter

Location:

ROMANIA

The cabinet reshuffle is part of the coalition deal between Ciuca’s National Liberal Party (PNL), Ciolacu’s Social Democratic Party (PSD) and the Democratic Alliance of Hungarians…

COVID-19 crisis to trigger recession in Panama

Location:

PANAMA

COVID-19 impact.

Kenyan president faces economic reform challenges

Location:

KENYA

In this context, he faces major challenges, having promised a policy broadly in line with IMF recommendations -- to strengthen fiscal and debt management, widen the tax base…

Russian economic strategy will mix diverse approaches

Location:

RUSSIA

The Kremlin is open to a range of viewpoints, and various plans are being drafted to avoid stagnation and reignite the growth rates of the 2000s.

Kenya faces growing fiscal consolidation challenges

Location:

KENYA

The weakness of the Kenyan shilling, which is constantly hitting new record lows, has generated so much concern that, on October 24, parliament summoned the central bank governor…

Panama faces major fiscal and external challenges

Location:

PANAMA

Partial or complete lockdowns are taking a heavy toll on activity, with a pronounced impact on construction (down 70.5%), manufacturing (down 29.5%), hotels and restaurants (down…

Guatemala’s economy on the way to recovery

Location:

GUATEMALA

National GDP nevertheless contracted by just 1.5% in 2020 -- less than almost any other country in Latin America. Resilient remittances and exports, coupled with unprecedented…

Turkey’s illiberal economic model will extend further

Location:

TURKEY

Erdogan spoke with pride of imposing additional customs duties to protect domestic industries, cheapening credit and launching a national car project. Economic policies are…