Search results

Austerity will bring political challenges in Sri Lanka

Location:

SRI LANKA

The government’s commitment to fiscal consolidation is aimed at pleasing the IMF, with which Sri Lanka recently reached a staff-level agreement on a four-year, USD2.9bn bailout…

Price protests may not bring down Azerbaijani regime

Location:

AZERBAIJAN

Authorities took too long to adjust the exchange-rate regime under pressure from falling oil prices, wasting resources that could have been used to shore up the banking sector…

Kenya faces fiscal challenges in 2023

Location:

KENYA

By prioritising debt repayments over salary payments (and refraining from short-term borrowing to pay salaries), the government is signalling its commitment to servicing debts…

Argentina spending cuts aim to ease primary deficit

Location:

ARGENTINA

Massa also extended peso debt maturities through a successful debt swap. On the political front, he was able to overcome the resistance of Vice-President Cristina Fernandez de…

India eyes more foreign investment in space industry

Location:

INDIA

In late August, they landed near the lunar south pole. India thereby became the fourth country to achieve a soft landing on the moon, and the first to do so in the lunar south…

Terms of Greece's third bailout will depress economy

Location:

GREECE

In the absence of external funding, capital controls will remain. Banks will allow depositors to withdraw up to 420 euros (456 dollars)/week at one go rather than in daily…

Zambia leader's narrow win portends populist shift

Location:

ZAMBIA

The main opposition party, the United Party for National Development (UPND), immediately rejected the official victory declaration, counting irregularities. No evidence was…

Spain’s Sanchez reboots agenda with cabinet reshuffle

Location:

SPAIN

The reshuffle involves some significant changes, including the promotion of Economy Minister Nadia Calvino as first deputy prime minister. Other notable changes include new…