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Nigerian energy reforms may track wider openings

Location:

NIGERIA

Yet worsening macroeconomic conditions amid the COVID-19 pandemic, including a fall in oil prices and declining foreign currency reserves, have forced President Muhammadu Buhari’s…

Cuba will struggle to keep inflation at bay

Location:

CUBA

So far, state-sector price controls and price caps on food and private markets have prevented runaway inflation. However, producers are withholding goods or selling on the black…

Inflation adds to political instability in East Africa

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EAST AFRICA

National currencies have depreciated against the dollar, pushing central banks to act to restore price stability. Political instability has seriously dampened growth, and protests…

Tax shifts may mar agriculture outlook in Argentina

Location:

ARGENTINA

High export taxes on the soya complex have encouraged farmers to shift to corn. Rising export earnings will help to strengthen international reserves and tax revenues. Argentina’s…

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…

Inflation and inequality to pressure Cuban government

Location:

CUBA

Price hikes for petrol, electricity, water and gas are among several adjustment measures that will drive up living costs, compounding already high inflation. Meanwhile…

Tunisian labour union is moving towards opposition

Location:

TUNISIA

Tunis has been in negotiations with the IMF for a new package all year. The government needs the UGTT’s support to implement any IMF deal, but relations between government and…

Moroccans face more political and economic stagnation

Location:

MOROCCO

Although the economy is still faring better than others in North Africa, public discontent has increased. Significant segments of the population, especially in rural areas, are…

Zimbabwe economic pressures will linger

Location:

ZIMBABWE

Since its introduction in February, the local real-time gross settlement (RTGS) dollar, a de facto new local currency, has lost over 60% of its value relative to the US dollar on…

Prospects for Nigeria in 2021

Location:

PROSPECTS 2021

These shocks will sustain already heightened reform pressures on the government during a period of diminishing public revenue. Security crises across various states and regions…