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Remittances will further bolster Mexico’s economy

Location:

MEXICO

Mexico has overtaken China in having the second-highest remittance income in the world, behind only India, which receives around USD100bn per year. Growth has been uninterrupted…

Sri Lanka will count on IMF help and debt rescheduling

Location:

SRI LANKA

Impact of COVID-19 on Sri Lanka's debt situation.

Social costs of dollarisation will be high in Cuba

Location:

CUBA

The economy, however, is in dire straits. Widespread shortages of everyday supplies are reminiscent of the crisis that followed collapse of the Soviet Union in the 1990s. Economic…

Creditors will seek geopolitical gains in debt talks

Location:

INTERNATIONAL

Whereas developed economies and China have benefited from USD9tn in fiscal stimulus and USD5tn in liquidity, EMs have less scope because they cannot issue local-currency debt…

India’s Gulf ties will face setbacks in the near term

Location:

INDIA

Indian nationals are struggling to maintain jobs in the Middle East as GCC states contend with historically low oil prices as well as the economic fallout of the pandemic. Gulf…

US policy shift on Cuba will bring little respite

Location:

CUBA

The move comes as Cubans face a severe economic crisis and increasing hardship that is driving record outward migration. The collapse of Russian tourism and increased fuel and…

COVID-19 crisis to trigger recession in Panama

Location:

PANAMA

COVID-19 impact.

Tourism to drive Belize economic growth amid slowdown

Location:

BELIZE

Real GDP surged by 15% in 2021 and 12% in 2022, then by 4% in 2023. With inflation easing, risks of social instability have probably fallen over the past year, but growth looks…

Dominican monetary policies pave way for growth

Location:

DOMINICAN REPUBLIC

The relative sluggishness is due partly to the delayed impacts of financial tightening and reduced global demand. While domestic demand has been the primary engine of growth, the…

Nepal is unlikely to face a severe economic crisis

Location:

NEPAL

Some observers fear Nepal could soon end up in a full-blown economic crisis such as that now affecting Sri Lanka, which recently suspended external debt servicing. Kathmandu, like…