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Elections could prove awkward for Maldives president

Location:

MALDIVES

The two parties associated with him are currently in the minority in the unicameral legislature. Muizzu came to power after winning last year’s presidential race. He was a…

New railway’s early days give Laos cause for optimism

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LAOS

While concerns remain that the project will worsen its external debt position, demand to use the line is strong, even though there are currently no onward services for passengers…

Vietnam will likely miss 2023 GDP growth target

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VIETNAM

GDP growth slowed to 3.3% year-on-year in the first quarter. The slowdown was mainly due to the decline in exports, with Vietnam’s top export markets -- the United States, the EU…

Economic woes will dampen investor confidence in Laos

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LAOS

Issues such as soaring inflation, currency depreciation and debt repayment problems are having a major impact on the economy. The World Bank estimates that GDP grew by 3.7% in…

Laos is at growing risk of sovereign debt default

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LAOS

According to a debt sustainability analysis published by the IMF in May, Laos is in debt distress. Years of rapid growth in borrowing to fund infrastructure development…

Second COVID-19 wave will test Madagascar’s Rajoelina

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MADAGASCAR

However, with a second wave underway and the mining and tourism sectors -- key foreign exchange earners -- upended, he recently changed tack, authorising an immunisation programme…

Risk of Greek euro exit has risen but is still small

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GREECE

The prospects for Greek departure from the euro-area.

Sri Lanka will struggle to manage downgrade fallout

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SRI LANKA

Sri Lanka’s finance ministry responded sharply, describing the move as “hasty” and “erroneous”. Colombo has recently borrowed from its regional partners Delhi and Beijing to help…

COVID-19 crisis to trigger recession in Panama

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PANAMA

COVID-19 impact.

Creditors will seek geopolitical gains in debt talks

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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…