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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…

Congo’s budget programme is likely to disappoint

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CONGO-KINSHASA

At a reported 10 billion dollars, the proposal would represent a massive increase on 2019’s budget of approximately 6.3 billion dollars, and even on the government’s original…

Austerity may thwart poverty progress in Latin America

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LATIN AMERICA

Poverty and income inequality.

Hungary’s pandemic measures will entrench ruling party

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HUNGARY

While the government's communications focus on how to stop the pandemic and make the economy more resilient, some of its recent spending decisions seem unrelated to tackling…

Party cronies take control of Hungary’s universities

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HUNGARY

The Orban government, under the slogan of increased efficiency, has established 34 public-interest trust foundations and outsourced almost the whole of the higher education sector…

West African cocoa sustainability demands will grow

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WEST AFRICA

Nevertheless, multinationals face mounting pressure to deliver on their sustainability programmes, while Ivorian and Ghanaian regulators face new pressures to bolster domestic…

Second COVID-19 wave will test Madagascar’s Rajoelina

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MADAGASCAR

However, with a second wave underway and the mining and tourism sectors -- key foreign exchange earners -- upended, he recently changed tack, authorising an immunisation programme…

North-west Nigerian insecurity faces new escalation

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NIGERIA

The claim that one of Boko Haram’s factions sponsored the Kankara attack reinforces fears that jihadist outreach to bandit groups is succeeding and that violence will grow in…

Brunei's economic rebalance will lag ASEAN integration

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BRUNEI

Brunei's economic rebalancing.