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Economic challenges ahead for Honduras’s Castro

Location:

HONDURAS

GDP growth of 9% in 2021 represented a complete rebound following the 9% contraction recorded in 2020. Reconstruction efforts after two tropical storms in late 2020 partly explain…

Costa Rica’s pandemic response faces political hurdles

Location:

COSTA RICA

In August, it asked the IMF for a USD1.75bn credit under the Extended Fund Facility. This will come on top of the USD504mn approved by the IMF for emergency financial assistance…

Tourism to drive Belize economic growth amid slowdown

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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…

Chile budget seeks return to fiscal sustainability

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CHILE

Through a much-tightened budget, the outgoing centre-right government of President Sebastian Pinera is attempting to set Chile on a post-pandemic course back to fiscal…

Pressure will grow on Italy’s debt sustainability

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ITALY

Successful use of EU funds is vital to putting the economy on an improved trajectory, but Italy has a poor record on absorbing EU funds. Failure would compound the country's…

IMF unlikely to resolve Zambia's debt conundrum

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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…

Zambian IMF deal could face further hurdles

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ZAMBIA

President Edgar Lungu’s debt-laden administration has attempted to secure a 1.3-billion-dollar funding package for over a year. However, Fund concerns about a lack of transparency…

Mopani deal will exacerbate Zambia's debt crisis

Location:

ZAMBIA

This boosts President Edgar Lungu's re-election prospects in August, but ZCCM-IH will struggle to find a 'strategic partner' to replace Glencore. Mounting public debt will…

Prospects for Nigeria in 2021

Location:

PROSPECTS 2021

These shocks will sustain already heightened reform pressures on the government during a period of diminishing public revenue. Security crises across various states and regions…

Greek government will implement austerity grudgingly

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GREECE

Falling bond yields suggest some return of confidence after the government's legislation of further cuts and reforms, and the successful conclusion of the second review of…