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Extreme weather puts South-eastern Europe under strain

Location:

BALKANS

Climate change is increasing the frequency of extreme weather events that strain states' emergency response and fiscal resources. The latest wave of disasters showed no country in…

New Zealand growth and revenue could disappoint

Location:

NEW ZEALAND

This fiscal path is broadly consistent with the previous government’s, but the surpluses are planned to be smaller and net government debt is expected to drop below 20% of GDP two…

Kenyan president faces economic reform challenges

Location:

KENYA

In this context, he faces major challenges, having promised a policy broadly in line with IMF recommendations -- to strengthen fiscal and debt management, widen the tax base…

New Zealand budget will help government for now

Location:

NEW ZEALAND

The coalition has been in office since October 2017 under Prime Minister Jacinda Ardern. This budget combines fiscal restraint with increased social, foreign affairs and aid…

Biden aid pledge for Puerto Rico may not be enough

Location:

PUERTO RICO

Hurricane impacts, both Fiona in Puerto Rico and Ian, which hit Florida on September 28, have become factors in the US midterm elections as government assistance becomes a means…

New Zealand’s economy looks positive in uncertain 2019

Location:

NEW ZEALAND

The RBNZ’s no-change stance reflects major world central banks’ recent retreat from tightening. While current New Zealand economic growth is firm, the RBNZ and the government are…

Mexico spending may burden future governments

Location:

MEXICO

The practice threatens to increase pressure on public finances.

Malaysian budget failure could see leadership change

Location:

MALAYSIA

Najib denied that Malaysia faced an economic crisis akin to that of 1997-98. The budget revision reaffirmed the government's commitment to the Goods and Services Tax (GST), to be…

Laos is at growing risk of sovereign debt default

Location:

LAOS

According to a debt sustainability analysis published by the IMF in May, Laos is in debt distress. Years of rapid growth in borrowing to fund infrastructure development…

Conservative 2018 Indonesia budget faces bottlenecks

Location:

INDONESIA

The government’s SME plans are part of the 2018 national budget, which President Joko Widodo presented to the legislature on August 16.