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New Colombian fiscal reform will pass but is flawed

Location:

COLOMBIA

The plan avoids new taxes on individuals, instead increasing the fiscal burden on firms. The proposed measures aim to generate COP15.2tn (USD3.9bn) in new revenue, which would be…

Costa Rica’s pandemic response faces political hurdles

Location:

COSTA RICA

In August, it asked the IMF for a USD1.75bn credit under the Extended Fund Facility. This will come on top of the USD504mn approved by the IMF for emergency financial assistance…

Fiscal package aims to ease Argentina default fears

Location:

ARGENTINA

Fiscal and debt stabilisation plans.

Post-election Argentine economy appears unsustainable

Location:

ARGENTINA

However, since the August primaries his goal has shifted to winning the elections, or at reaching a run-off, prompting expansionary policies aiming to improve households’…

Czech and Polish anti-inflation plans may work better

Location:

EASTERN EUROPE

Budget constraints make it difficult for the Czech, Hungarian, Polish and Slovak authorities to help households and firms suffering as a result of the economic shocks caused by…

Budget will stabilise Portugal's minority government

Location:

PORTUGAL

The Portuguese government presented its 2017 budget to parliament on October 14. The EU agreed in August to waive fines over its excessive budget deficits, but Portugal remains…

Lower workforce will impair global GDP trend growth

Location:

INTERNATIONAL

Changing demography and socio-economic trends in the labour force.

Colombia tax reform and budget will be watered down

Location:

COLOMBIA

Various interest groups, including the private sector, political actors and civil society organisations, are likely to put pressure on the government to reduce its revenue targets…

Republican health bill faces death in US Senate

Location:

UNITED STATES

Johnson is one of five Republican senators openly opposing the Senate version of legislation aimed at replacing the Affordable Care Act (ACA or ‘Obamacare’), with more signalling…

Croatia will watch whether euro adoption raises prices

Location:

CROATIA

After implementing its anti-inflationary stabilisation programme in 1993, Croatia recorded stable and modest inflation rates. That changed in 2022, when inflation accelerated…