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Tunisia’s new government will prioritise efficiency

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TUNISIA

The administration has set out a list of priorities, most of which relate to the dire state of the economy and public finances.

Puerto Rican budget and statehood wrangles will worsen

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PUERTO RICO

Fiscal pressures are causing controversy in Puerto Rico, but so too is fiscal policy-making. On July 5, Governor Ricardo Rossello announced that he would seek a court injunction…

Government may water down Greek pension reform

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GREECE

Pension reform is a critical compliance requirement for the Greek authorities with the 'quadriga' of creditors -- ECB, European Commission, European Stability Mechanism and IMF -…

Third Greek bailout may founder without compromise

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GREECE

Prime Minister Alexis Tsipras has reshuffled his cabinet to include ministers more accommodating to creditor demands. He is intent on concluding the second review rapidly in…

Lebanon will struggle to turn loans into prosperity

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LEBANON

Lebanon won aid pledges exceeding eleven billion dollars on April 6 during a conference in Paris, named CEDRE, that aimed to rally international support for a massive investment…

South African treasury changes may undermine targets

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SOUTH AFRICA

Since Gigaba controversially replaced Pravin Gordhan in March, the National Treasury has made a series of key personnel changes, including the position of chief procurement…