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Meteorology will be key in global climate change fight

Location:

INTERNATIONAL

The outgoing WMO head, Michel Jarraud, has placed strong emphasis on upgrading observational infrastructure and working methods of the meteorological profession to help countries…

Chile economic outlook will be challenging this year

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CHILE

However, it now anticipates that the contraction will be 1.0%, down from a previous forecast of 1.5%. This is in line with recent Chilean Central Bank forecasts of a…

COVID-19 adds to Afghan fiscal and political pressures

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AFGHANISTAN

The government is struggling to manage the health crisis and is distracted by peace negotiations, the impending US troop withdrawal and its own factional infighting.

Costa Rica’s economy looks set for a strong recovery

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COSTA RICA

GDP posted growth of 9.4% year-on-year in the second quarter, the highest rate in 23 years. According to high-frequency data, economic recovery appears to have continued between…

Even if politicians deal, Lebanon faces a bleak future

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LEBANON

The audit and wider structural economic reforms are preconditions for urgently needed foreign aid. Economic conditions in Lebanon are still worsening, with power cuts, food…

IMF agreement does not end Ecuador’s funding concerns

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ECUADOR

This Fund-supported programme will help Ecuador address the economic shock caused by the sharp drop in oil prices and the COVID-19 pandemic. It also paves the way for the…

Economic demise set to continue, but farming is a hope

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UKRAINE

The hryvnia crisis, which has seen the currency's value plummet, has deepened. However, as reported by Reuters, the NBU decision was suddenly reversed following heavy criticism…

Argentina's 2021 budget bill highlights uncertainties

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ARGENTINA

The bill forecasts a fall in the primary deficit next year, mainly due to an expected drop in COVID-19-related welfare payments. The government also aims to boost public works to…

Prospects for African economies to end-2019

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PROSPECTS H2 2019

African Economies H2 2019.

Belize’s economic recovery will slow

Location:

BELIZE

Both the IMF and the UN Economic Commission for Latin America and the Caribbean forecast growth of 2.0% this year, driven by tourism. Tourism accounts indirectly for almost 40% of…