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EU green ambitions are strongly reflected in budget

Location:

EU

Overall, some 30% of the budget will involve climate-related spending. One of the key reforms concerns the EU’s own resources mechanism to finance spending, with plans to…

Agriculture woes will have wider impact in Argentina

Location:

ARGENTINA

In the 2021/22 season the rise in wheat production helped to offset the fall in soybean and maize output. This will not be the case this year, with wheat production expected to…

IMF deal will bring little relief in Argentina

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ARGENTINA

The new agreement envisages a primary surplus of 2% of GDP, a zero general deficit and reserves accumulation of USD10bn; it includes no new funding. However, the widening gap…

Kenya bank woes belie strong 2016 growth prospects

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KENYA

However, Kenya's wider economic prospects are buoyant, underlined by the IMF's robust 6.0% GDP growth forecast for 2016 and 6.1% in 2017.

Costly food will spotlight neglect of Turkish farming

Location:

TURKEY

This exceeds overall consumer price inflation of 15.9%. Besides causing public alarm, high food prices could indicate that Turkey is barely managing to feed its growing…

Prospects for the Russian economy in 2018

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PROSPECTS 2018

Prospects for the Russian economy in 2018.

Slow Peru growth will still outdo regional neighbours

Location:

PERU

The economy grew by 3.0% in the second quarter and by 2.4% in the first six months of 2015, according to figures published by the Statistics Institute (INEI). This compares with a…

Uruguayan government challenges will mount this year

Location:

URUGUAY

Lacalle Pou’s pension reform has passed the Senate, educational reforms are under way and he is pushing infrastructure works. However, the opposition Frente Amplio (Broad Front…

Azerbaijan faces hard search for new growth drivers

Location:

AZERBAIJAN

The government wants to develop non-hydrocarbon sectors to offset the growth and fiscal problems stemming from lower global oil prices. The economy contracted in 2016 for a second…

Philippine leader faces tough challenge on prices

Location:

PHILIPPINES

The fall appears linked to public discontent over elevated inflation, which has clouded the country's economic outlook. Meanwhile, the government is moving slower than it…