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Nigeria faces widening inequality and poverty crises

Location:

NIGERIA

With the economy expected to contract by at least 5.4% this year, government measures to cushion the effects of the crisis are unlikely to be enough to stem worsening hardship for…

IMF unlikely to resolve Zambia's debt conundrum

Location:

ZAMBIA

While the G20's new Common Framework for Debt Treatments provides a new mechanism for debt restructuring, it also requires Zambia to convince the IMF that it has disclosed all of…

Climate policies to alter global business environment

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INTERNATIONAL

Accelerating climate change threatens vast human and economic loss. In response, developed-country governments are legislating to force businesses to change while also seeking to…

Kenya’s president will aim for fiscal consolidation

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KENYA

Nairobi cancelled a bond sale last year; it has 17 months to rebuild its credibility with investors before seeking to refinance a USD2bn Eurobond.

Generous EU funds will help Greece through 2021-22

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GREECE/EU

Greek Prime Minister Kyriakos Mitsotakis hailed the agreement as a national success. It enables the New Democracy government to maintain fiscal stimulus over the next two years…

Zambia faces default despite bondholders’ reprieve

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ZAMBIA

However, rather than reject Lusaka's proposal, a group of creditors abstained from the vote, forcing an adjournment until November 13. That date coincides with the end of Zambia’s…

Bahrain’s growth plan faces regional challengers

Location:

BAHRAIN

Manama exceeded its own fiscal and economic expectations in 2022, as the budget came close to balance one year earlier than targeted and real non-oil GDP surged by 6.2%, driving…

Fast Ecuador security wins stoke longer-term issues

Location:

ECUADOR

He declared a state of emergency on January 9, giving the military a central role in tackling the crisis. The militarisation of security policy has reduced crime and increased…

Political challenges in Lebanon face the IMF agreement

Location:

LEBANON

The government had met a number of the IMF’s conditions, including the passage of a capital control law and an electricity sector reform plan. It had also completed an audit to…

Gaza Palestinians' dire water crisis sees no solution

Location:

PALESTINIANS

Water solutions for Gaza.