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Pandemic to worsen Costa Rica’s weak fiscal position

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COSTA RICA

Transport and hospitality have been the hardest-hit sectors, posting plunges of more than 15 percentage points in July-September against the same period in 2019. Household…

Greece's more competitive economy may turn to exports

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GREECE

Signs of resilience in the Greek economy.

Ecuador economy plans may run into difficulties

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ECUADOR

The second had been delayed pending the inauguration of President Guillermo Lasso and confirmation of his commitment to the agreement’s objectives. Lasso reached a new deal last…

Prospects for the global economy in 2016

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PROSPECTS 2016

Prospects for the global economy in 2016.

Nigeria's COVID-19 response at risk from weak links

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NIGERIA

Nigeria's COVID-19 response.

Many factors will restrict Russia’s recovery in 2023

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RUSSIA

This turnout was a far milder contraction than the many assessments made at the outset of the invasion of Ukraine of its likely impact on the Russian economy. It prompted a public…

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.

Bailout policies will raise Greek taxpayer's burden

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GREECE

Tax arrears are expected to rise to 95 billion euros (106 billion dollars) by year-end following the introduction of new taxes. An ever-rising tax burden is encouraging evasion…

IMF may stop contributing to Greek bailout

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GREECE/INT

The second phase of the current bailout, extended until end-June, foresees a final installment of 7.2 billion euros (8.2 billion dollars) in exchange for fiscal and structural…

Iraq’s converging crises will set back fiscal reform

Location:

IRAQ

Promised extra food rations have yet to appear, deepening economic pressure on households. Last year’s twin shocks of the pandemic and oil-price collapse contributed to a fiscal…