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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…
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DOI: 10.1108/OXAN-DB284490
ISSN: 2633-304X
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Services including healthcare, entertainment and travel flourished while the share of housing in overall consumption fell, reflecting property-market troubles. Markedly lower…
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DOI: 10.1108/OXAN-DB285173
ISSN: 2633-304X
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The downgrade reflects the expected realisation this year of the delayed global economic slowdown. The resulting debt overhang in the region has depleted the space for fiscal…
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DOI: 10.1108/OXAN-DB280137
ISSN: 2633-304X
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Officials announced science and technology innovation as the top priority for 2024. The overall tone was supportive of economic growth, with announcements including backing for…
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DOI: 10.1108/OXAN-DB284203
ISSN: 2633-304X
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That followed a primary surplus equivalent to 0.5% of GDP in 2022. The negative result in 2023 was partly caused by exceptional circumstances, notably the early payment of…
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DOI: 10.1108/OXAN-DB285159
ISSN: 2633-304X
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The government regards joining the OECD as a national objective. Having opened accession negotiations in January 2022 and received its roadmap that June, the publication last…
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DOI: 10.1108/OXAN-DB286221
ISSN: 2633-304X
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President Luis Alberto Lacalle, who is not eligible for re-election, has seen his approval ratings fall somewhat over the past year although they remain positive. He hopes to…
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DOI: 10.1108/OXAN-DB284458
ISSN: 2633-304X
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The bailout’s second tranche cannot be released until the review is complete. Separately, the government is battling accusations that it is protecting individuals who helped…
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DOI: 10.1108/OXAN-DB282414
ISSN: 2633-304X
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The Cambodian People’s Party (CPP) -- led by former premier Hun Sen, Hun Manet’s father -- won 120 out of 125 seats in the National Assembly, the lower house, in last July’s…
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DOI: 10.1108/OXAN-DB285241
ISSN: 2633-304X
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Elections are not scheduled until June 2024, but the remainder of this year will be dominated by preparation, posturing and manoeuvring. Economic growth is gaining momentum, but…