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China’s economic targets will get trickier to achieve

Location:

CHINA

The GDP growth target of 5% and the urban job creation target of 12 million are unchanged from last year, but harder to achieve as the post-pandemic rebound fades and large-scale…

Colombia’s economy faces sluggish growth in 2024

Location:

COLOMBIA

Expectations for 2024 suggest lower inflation than last year, but risks persist. The OECD forecasts moderate GDP growth, highlighting inflation and interest rate concerns. Minimum…

Poland’s need for foreign workers will persist

Location:

POLAND

Due to unfavourable demographic trends, Poland needs to maintain a relatively liberal immigration policy in order to sustain economic growth. The former Law and Justice (PiS)-led…

Swedish minority government will hold together for now

Location:

SWEDEN

Curbing immigration is a central element in the agreement between the minority government and the far-right Sweden Democrats (SD) to secure their support in parliament. One year…

French government faces a difficult fiscal dilemma

Location:

FRANCE

As a result of dwindling tax revenue, he also said that state spending would be cut by EUR10bn (USD10.8bn). The government’s forecast for this year is more optimistic than…

Strikes will increase political pressure on Rabat

Location:

MOROCCO

There have been protracted negotiations following strikes by teachers last year. Concerns over continued disruption to education and possible contagion to other sectors are…

India budget shows commitment to fiscal prudence

Location:

INDIA

It is only an interim budget because a general election is set to take place soon, most likely in April-May. The budget surprised many observers because of its lack of…

Foreign firms' influx will accelerate Saudi change

Location:

SAUDI ARABIA

Without this, companies will not be awarded any government contract worth more than SAR1mn (around USD220,000). To date, the government has issued 162 regional headquarters…

Saudi capital spending allocations are on the rise

Location:

SAUDI ARABIA

However, because of the large surplus of 2.5% recorded in that year, Riyadh’s public debt is only about 25% of GDP, providing the government and the country’s sovereign wealth…

Philippine leader faces tough challenge on prices

Location:

PHILIPPINES

The fall appears linked to public discontent over elevated inflation, which has clouded the country's economic outlook. Meanwhile, the government is moving slower than it…