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Panama mine contract end will worsen economic woes

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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…

Peru's growth will remain sluggish this year

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PERU

The economy is increasingly dependent on the mining sector and on mineral sales to China. The domestic economy remains hampered by depressed internal demand.

Peru's growth forecasts appear overly optimistic

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PERU

The finance minister's hope that growth this year could reach 4% seems highly optimistic. The Central Bank has successfully reduced inflation to its target range, allowing…

Afghanistan’s economic outlook is bleak

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AFGHANISTAN

Afghanistan’s ruling Taliban want production to expand to 19,000 b/d shortly. They are counting on the extractives sector to help boost revenue and shore up the flailing economy.

Bleak economic indicators will be the norm in Sudan

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SUDAN

Nevertheless, for the first time since the war broke out, the central bank has presented a monetary policy strategy and the finance ministry a budget.

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…

Parallel imports continue to support Russia’s economy

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RUSSIA

Parallel imports have played a crucial role in securing the supply of goods for the Russian economy. The creation and management of parallel import channels is now an important…

War will continue to threaten Ukrainian economy

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UKRAINE

Although the economy has demonstrated remarkable resilience and survived the initial shock and devastation of the war, the prospects for growth remain bleak. Despite crucial…

Morocco will struggle to lift growth rates

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MOROCCO

This is below the medium-term target of average annual real GDP growth of 6%, with economic performance largely affected by poor agricultural harvests. There was a modest recovery…

Australian budget offers modest pre-election spending

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AUSTRALIA

The surpluses seen this year and last have proved an unexpected bonus for Labor and will enable a modest spending increase as the party prepares for the general election due by…