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Laos is at growing risk of sovereign debt default

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LAOS

According to a debt sustainability analysis published by the IMF in May, Laos is in debt distress. Years of rapid growth in borrowing to fund infrastructure development…

Economic woes will dampen investor confidence in Laos

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LAOS

Issues such as soaring inflation, currency depreciation and debt repayment problems are having a major impact on the economy. The World Bank estimates that GDP grew by 3.7% in…

Prospects for emerging economies in 2016

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PROSPECTS 2016

Prospects for emerging economies in 2016.

Oil and gas prices boost Oman's financial position

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OMAN

The Gulf state’s finances had been under pressure for some time, with steadily rising debt levels and only fitful progress towards economic diversification. It can now look…

Sri Lanka’s economic crisis is far from resolution

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SRI LANKA

Prime Minister Ranil Wickremesinghe, only appointed in May, has also said he will quit. Wickremesinghe has played a key role in talks with the IMF over a desperately needed…

Reality bites in Argentina's search for foreign funds

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ARGENTINA

Argentina has followed Bolivia, Brazil, Chile, Peru and Venezuela into the AIIB as President Mauricio Macri seeks increased foreign investment. With the arguable exception of…

Kenyan president faces economic reform challenges

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KENYA

In this context, he faces major challenges, having promised a policy broadly in line with IMF recommendations -- to strengthen fiscal and debt management, widen the tax base…

Prospects for the global economy in the fourth quarter

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PROSPECTS Q4 2015

Prospects for the global economy in the fourth quarter.

Outlook is mixed for Indonesian economy

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INDONESIA

A key driving factor was soaring government consumption ahead of the February general election, which included the race to succeed Joko ‘Jokowi’ Widodo as president, won by…

Pakistan may struggle to retain IMF’s support

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PAKISTAN

He replaces Miftah Ismail, who played a key role in ensuring that Pakistan got its bailout programme with the IMF back on track after a hold-up. Dar faces a tough challenge to…