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EU fiscal reforms will reinforce regional divergence

Location:

EU

Though parameters have changed and national starting positions are recognised more, the reforms are not extensive. Debt and deficit targets remain. Indebted countries, principally…

Italy's rejection of ESM reforms will continue

Location:

EU/ITALY

Reforms to the ESM, which is the EU’s main bailout fund, were agreed by member states in 2021 but implementation has been halted by Italian opposition. The vote exposed divisions…

Honeymoon period of Panama’s Mulino will be brief

Location:

PANAMA

Mulino assumed the candidacy late in the race, after former President Ricardo Martinelli (2009-14) was disqualified over a corruption conviction. The new president will face…

Post-poll turmoil may worsen Pakistan’s economic woes

Location:

PAKISTAN

The elections, resulting in a fractured mandate and marred by allegations of rigging, have increased polarisation. Separately, Pakistan’s nine-month, roughly USD3bn Stand-By…

Peace in Ethiopia’s Tigray region remains fragile

Location:

ETHIOPIA

The meeting comes amid escalating rhetoric over the failure to implement key aspects of the agreement, and warnings of the risk of famine and even the potential for renewed…

Tourism to drive Belize economic growth amid slowdown

Location:

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…

Zimbabwe may struggle to resolve its economic crisis

Location:

ZIMBABWE

This translates into soaring prices for essential goods with dire implications for the estimated 43% of the population living in extreme poverty. Contributing to the situation is…

Elections could prove awkward for Maldives president

Location:

MALDIVES

The two parties associated with him are currently in the minority in the unicameral legislature. Muizzu came to power after winning last year’s presidential race. He was a…

Ecuador’s 2024 budget will prompt mixed reactions

Location:

ECUADOR

However, there are signs that political cooperation is beginning to crumble, which will reduce the pace of reform. A National Assembly vote later this month on the government’s…

Egypt will face multiple risks in 2024

Location:

PROSPECTS 2024

This will make for a challenging start of President Abdel-Fattah el-Sisi’s third term, after he is inevitably re-elected in December this year. Meanwhile, the government will also…