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Sierra Leone may use COVID-19 to centralise control

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SIERRA LEONE

Sierra Leone's COVID-19 response.

Fiscal crisis will undermine Suriname's new president

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SURINAME

Barely four months into President Chandrikapersad Santokhi’s presidency, the scale of the fiscal crisis facing Suriname has forced him to introduce unpopular fiscal austerity…

Puerto Rico control board will squeeze debt holdouts

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PUERTO RICO

The announcement would mark the largest subnational bankruptcy in US history, with Puerto Rico facing debt obligations of 73 billion dollars from an array of public entities and…

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…

South Africa may struggle to deliver a credible budget

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SOUTH AFRICA

Facing major shortfalls in tax collections, the Treasury has therefore requested government departments to implement immediate spending cuts and has recommended far-reaching…

Angola mounting debt burden raises future default risk

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ANGOLA

The IMF's willingness to turn a blind eye may enable Angola to retain access to concessional finance over the next 18 months; however, Luanda needs a plan to address deferred…

Laos economy troubled but not at breaking point

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LAOS

Laos’s critically low foreign exchange (forex) reserves, significant currency depreciation and high inflation are prompting many external observers to suggest that it could soon…

Ethiopia’s Tigray crisis puts privatisations at risk

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ETHIOPIA

However, amid ongoing conflict in Tigray and considerable political uncertainty around the upcoming elections, the outcome may be disappointing.

Bangladesh is playing it safe with IMF move

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BANGLADESH

At least part of the support would be from the Fund’s new Resilience and Sustainability Trust (RST). Several media reports have described Dhaka’s move as a request for a bailout…

Prospects for Turkey to end-2020

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PROSPECTS H2 2020

Prospects for Turkey to end-2020.