Search results

Russia will expand support to small businesses

Location:

RUSSIA

However, small- and medium-sized enterprises (SMEs) play a significant role in the economy, especially in service industries. They also provide a rising share of new jobs. The…

Mexico agribusiness looks set for healthy growth

Location:

MEXICO

Agribusiness outlook.

Economic stress drains CIS sovereign wealth funds

Location:

CIS

Concern about the need to preserve one of the SWFs to support the pension system is probably a major reason behind the rejection. The Ministry of Economic Development had already…

Crisis will cut profits, add risks for Turkish banks

Location:

TURKEY

It was a bid to stabilise the lira. Bank deposit and credit rates have already risen sharply, and credit growth has virtually halted. As Turkey’s economic crisis takes hold, the…

Angolan government will point to early reform progress

Location:

ANGOLA

The underperformance of the oil sector, coupled with a recent fuel distribution crisis, have combined to dampen growth forecasts for 2019. While President Joao Lourenco’s…

Cuba will struggle to keep inflation at bay

Location:

CUBA

So far, state-sector price controls and price caps on food and private markets have prevented runaway inflation. However, producers are withholding goods or selling on the black…

India's new economic council can weather lower growth

Location:

INDIA

India’s poor growth run continued for a second quarter in April-June, the first quarter of the 2017-18 fiscal year (FY2017-18). Gross value added (GVA) was 5.6%, the slowest in…

Pakistan’s currency devaluation may not spur exports

Location:

PAKISTAN

Pakistan's central bank last month allowed the currency to weaken by more than 4% in a week, and is hoping that devaluation will stimulate exports. The ruling Pakistan Muslim…

Key Asia-Pacific trade pact will gain momentum

Location:

ASIA/PACIFIC

Indonesia ratified RCEP late last year, paving the way for the pact to become effective for the country at the start of January. RCEP is now in force for 13 of its members.

Digital currencies mark a tectonic shift for banking

Location:

INTERNATIONAL

Nigeria will be the 15th country to launch a pilot of central bank digital currency (CBDC); China was the first major economy to do so. A further 68 central banks are in the…