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Laos’s fiscal improvement efforts will face headwinds

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LAOS

Amid continuing concerns about public spending and debt levels, Laos’s finance ministry in mid-October enacted its largest foreign bond issue yet. An October report by the…

Markets do not expect Hungary to quell inflation

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HUNGARY

This was legislating by decree; the announcement gave few details of the changes from the budget passed in parliament in mid-2022. The announcement did say an increase in the…

US House Dems will push new policy agenda

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UNITED STATES

This follows the 116th Congress’s swearing-in on January 3, heralding a Democratic House majority and Nancy Pelosi's second term as House speaker. It also follows the January 4…

Mozambique gas dividend may offer some fiscal relief

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MOZAMBIQUE

Mozambique economic update.

Russian energy influence in Moldova will decline

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MOLDOVA

The decision to make Vestmodtransgaz the transmission system operator (TSO) will facilitate the overhaul of national gas utility MoldovaGaz. It will also deprive Russia of…

Georgian election win shapes politics of 2020 polls

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GEORGIA

Claims of irregularities tarnished the second-round election won on November 28 by Salome Zurabishvili, backed by the ruling Georgian Dream-Democratic Georgia (GDDG) party. Ahead…

Acrimony over Sri Lanka’s Colombo Port City will grow

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SRI LANKA

Parliament passed a bill earlier in May authorising the president to form the commission after key amendments recommended by the Supreme Court were incorporated into the…

State assets may fund Turkish public-private projects

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TURKEY

Moves to shore up the PPP infrastructure programme.

Government may water down Greek pension reform

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GREECE

Pension reform is a critical compliance requirement for the Greek authorities with the 'quadriga' of creditors -- ECB, European Commission, European Stability Mechanism and IMF -…

Sri Lanka government faces rising pressures

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SRI LANKA

The bailout’s second tranche cannot be released until the review is complete. Separately, the government is battling accusations that it is protecting individuals who helped…