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Belarus government will have to make unpopular cuts

Location:

BELARUS

Revenue problems facing the Belarusian government.

Oman will struggle to balance social and fiscal needs

Location:

OMAN

The additional income is being partly used to direct support to poorer segments of society. However, this has not ended the mounting popular pressure for accelerated change. The…

Oman's state-society relations may slowly change

Location:

OMAN

Many welcomed the decision, believing it reflected the authorities’ acknowledgement of social realities. The decision also builds on other changes to state-society relations, such…

Kuwait faces a deferred liquidity crunch

Location:

KUWAIT

The impact of the pandemic and especially lower oil prices hit the government budget hard, since more than nine-tenths of revenue comes from oil sales. However, the country also…

Omani fiscal plans will depend on social impact

Location:

OMAN

Leading international credit ratings agencies had upgraded their outlook for Oman in early 2023. Positive reviews reflect the sultanate’s improved financial performance in 2022…

Boric will face challenges on many sides in Chile

Location:

CHILE

It is arguably the most important political event in Chile since the 1988 referendum that led to the restoration of democracy after the 1973-90 Pinochet dictatorship.

Economic outlook remains weak in Jamaica and Trinidad

Location:

JAMAICA/TRINIDAD

Inflation and interest rates are up, although unemployment and poverty levels remain relatively low. More generally, both countries are being challenged by rising rates of violent…

German fiscal expansion is unlikely despite concerns

Location:

GERMANY

The economy shrank by 0.1% quarter-on-quarter in April-June; further shrinking in the third quarter would mean a technical recession. Since growth is not likely to pick up much in…

Panama mine contract end will worsen economic woes

Location:

PANAMA

The decision followed weeks of protests over the terms of the newly revised contract. Cobre Panama, located in Colon province, is Central America’s largest open-pit copper mine…

Chile COVID-19 success will determine economic impact

Location:

CHILE

It forecasts that although activity will contract this year, growth in 2021 will be stronger than expected before the pandemic.