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Investment-grade rating will benefit Greece’s economy

Location:

GREECE

This is the first investment-grade (IG) rating given to Athens by one of the ‘big three’ rating agencies since 2010. The upgrade reflects Greece’s strong post-pandemic economic…

Challenges lie ahead for El Salvador's economy

Location:

EL SALVADOR

This marked a return, broadly, to the economic performance seen before the drastic pandemic-induced fluctuation seen in 2020 and 2021 (which saw a contraction of 8.2% and growth…

Russia’s budget deficit may exceed official target

Location:

RUSSIA

The federal budget deficit target for 2023, set at RUB2.9tn (USD35.8bn), is likely to be exceeded for the second year in a row. Federal expenditure is showing no signs of slowing…

Abu Dhabi’s bond sale will improve long-term prospects

Location:

UNITED ARAB EMIRATES

UNITED ARAB EMIRATES: Bond sale will boost prospects

Tourism to drive Belize economic growth amid slowdown

Location:

BELIZE

Real GDP surged by 15% in 2021 and 12% in 2022, then by 4% in 2023. With inflation easing, risks of social instability have probably fallen over the past year, but growth looks…

Dominican monetary policies pave way for growth

Location:

DOMINICAN REPUBLIC

The relative sluggishness is due partly to the delayed impacts of financial tightening and reduced global demand. While domestic demand has been the primary engine of growth, the…

Prospects for the global economy in 2024

Location:

PROSPECTS 2024

Weak trade and fiscal policy constraints suggest global GDP growth will slow somewhat in 2024, with China and the United States losing momentum. Hopes for growth-boosting rate…

Arevalo will steer gradual improvements in Guatemala

Location:

GUATEMALA

Arevalo’s victory marks a shift in Guatemalan politics. After years of democratic backsliding, Arevalo promises a slow, partial recovery of transparency and the rule of law. His…

Egypt's external debt looms large

Location:

EGYPT

Meanwhile, the government is struggling with significant accumulated debt, including USD11.8bn that is scheduled to be repaid to the IMF over the next two years alone. The IMF…

Weaker finance context would test all emerging markets

Location:

INTERNATIONAL

These markets are benefitting from the softer US dollar and improved investor perceptions of central bank credibility. However, destabilising factors loom on the horizon.