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Beijing will strive to revive growth

Location:

CHINA

Held on October 30-31, it was attended by President Xi Jinping and various top officials. The conference formulated priority tasks to address financial risks the country is facing…

Pakistan will be optimistic about its IMF talks

Location:

PAKISTAN

Islamabad now seeks a larger, longer-term bailout programme with the Fund. Finance Minister Muhammad Aurangzeb has suggested that a staff-level agreement on such a package could…

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…

The Gaza war will worsen Jordan’s long-term debt risk

Location:

JORDAN

He was speaking at the signing ceremony for the first USD845mn grant bolstering the national budget, under a new agreement signed this year. The Gaza war has exacerbated concerns…

Outlook is bright for key leftist leader in Sri Lanka

Location:

SRI LANKA

According to the constitution, the poll must take place in September-October. The JVP was formed as a Marxist-Leninist party. Recent opinion polling suggests Dissanayake would be…

El Salvador poverty will create problems for Bukele

Location:

EL SALVADOR

President Nayib Bukele is highly popular, having implemented hard-line security policies that have reduced murder rates dramatically. He was re-elected in February by a landslide…

Ecuador’s 2024 budget will prompt mixed reactions

Location:

ECUADOR

However, there are signs that political cooperation is beginning to crumble, which will reduce the pace of reform. A National Assembly vote later this month on the government’s…

Czech-Slovak rift may limit Visegrad effectiveness

Location:

CZECH/SLOVAKIA

The unprecedented move is the first rift since the two countries peacefully parted more than three decades ago. It came soon after the Visegrad Four (V4) of Czechia, Hungary…

Algeria’s budget will drive up public debt

Location:

ALGERIA

The budget is geared towards boosting living standards ahead of the presidential elections towards the end of the year, in which President Abdelmadjid Tebboune will most likely…

Egypt's economy will stand on firmer ground

Location:

EGYPT

Its actions included floating the currency, which triggered a major devaluation, and a 600-basis point increase in its benchmark interest rate to 27.75%. Meanwhile, the government…