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South African budget prompts cheer and wider divisions

Location:

SOUTH AFRICA

However, cuts to the social grants budget and a continued focus on the planned three-year wage freeze for civil servants has annoyed (among others) the ruling ANC's ‘Tripartite…

South Africa faces fiscal reform challenges

Location:

SOUTH AFRICA

However, there are question marks over his ability to deliver on the ambitious spending cuts needed as tax collection falls in a weak economy.

Excess euro-area liquidity raises bank lending risks

Location:

EU

The ECB stopped purchasing bonds this month after running its asset purchase programme (APP) since March 2015. The APP flooded commercial banks with liquidity in excess of their…

South African relief plan will not halt further slide

Location:

SOUTH AFRICA

South African relief package.

Generous EU funds will help Greece through 2021-22

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GREECE/EU

Greek Prime Minister Kyriakos Mitsotakis hailed the agreement as a national success. It enables the New Democracy government to maintain fiscal stimulus over the next two years…

Ethiopia faces tough negotiations around IMF programme

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ETHIOPIA

Addis Ababa must reach an agreement with the IMF to honour its commitments under its debt-service suspension agreement with official creditors. Thereafter, further talks will be…

Caribbean debt initiatives highlight disaster impact

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CARIBBEAN

Multilateral debt relief options.

Zambian government will grow increasingly defensive

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ZAMBIA

Embattled president.

Civilian transition would lift Sudan’s economic slump

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SUDAN

Donors have made the formation of a civilian government a condition for the resumption of financing, which halted (except for humanitarian aid) after the October 2021 military…

South African lockdown easing should reduce hardship

Location:

SOUTH AFRICA

The re-opening comes despite an infection rate that is expected to peak only later this year.