Search results

Mexico projects will not drive post-pandemic recovery

Location:

MEXICO

The package of 39 projects, worth MXN297bn (USD14.5bn), aims to boost post-pandemic economic growth through privately funded investments or strategic alliances between private…

Government is unlikely to overhaul Poland’s tax regime

Location:

POLAND

This continues the policy preference -- out of line with Poland’s peers -- for indirect taxes on goods and services, including a relatively high value-added tax (VAT) rate. The…

Costa Rica’s OECD membership may assist its recovery

Location:

COSTA RICA

Admission to the group demonstrates international confidence in Costa Rica’s economic management, even as the government struggles with the prolonged negative impacts of the…

Greek banks have shed bad debt but remain vulnerable

Location:

GREECE

Stronger balance sheets will reduce systemic risk in the sector. Efficient financial intermediation by Greek banks is a vital requirement for achieving economic growth targets in…

Mexican fiscal orthodoxy to be maintained amid crisis

Location:

MEXICO

Public finances have not so far deteriorated as dramatically as they might have done, considering the economic contraction caused by the COVID-19 pandemic. This is explained…

Thailand faces protracted instability over protests

Location:

THAILAND

Prayut earlier this month reshuffled his cabinet. New appointments to the finance and energy ministries will have a key role in spurring post-pandemic economic recovery.

Central America elections pose risks of unrest

Location:

CENTRAL AMERICA

Campaigning will be muted, as the impacts of the COVID-19 pandemic will constrain public events. Government handling of the crisis will be a consideration for voters, alongside…

Omicron may hinder expansion of Mexico tourism

Location:

MEXICO

He said tourism receipts were likely to reach USD35.2bn in 2022 due to a 22.5% increase in the number of planned passenger air tickets relative to 2019.

Mexico’s oil hedge programme faces a tough year

Location:

MEXICO

The hedge is the largest single trade in the crude oil market, renewed annually between the government and a selection of banks and commodity houses. If Mexico cannot keep it…

Guatemala’s economy on the way to recovery

Location:

GUATEMALA

National GDP nevertheless contracted by just 1.5% in 2020 -- less than almost any other country in Latin America. Resilient remittances and exports, coupled with unprecedented…