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Meteorology will be key in global climate change fight

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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…

Eastern EU economies may rebound quickly in 2021

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EUROPE

Following sharp contractions across Europe in the second quarter of 2020 and a strong rebound in the third, most CEE countries have been able to maintain some momentum in…

Moldovan government grits its teeth for recession

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MOLDOVA

A recent reshuffle raises questions about whether government can avoid returning to old problems of infighting and nepotism; this is important if IMF support is to continue. Until…

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…

Strong finances will help Russia fund budget deficit

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RUSSIA

Hit by the COVID-19 pandemic and plummeting global energy prices in the first half of the year, the government drew on its substantial reserves to fund fiscal stimulus and…

Prospects for Colombia to end-2021

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PROSPECTS H2 2021

Prospects for Colombia to end-2021.

South Africa’s government faces major tax dilemmas

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SOUTH AFRICA

Wealth, inheritance and ‘solidarity’ taxes are being considered -- with the latter recently flagged as one solution to pay for COVID-19 vaccine procurement and pandemic-related…

Virus impact will make Bulgaria keener to adopt euro

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BULGARIA

The country’s successful two-month lockdown ended on May 13. Bulgaria has raised its debt ceiling fivefold for this year and plans to sell debt on international markets…

Azerbaijan policies may lack agility needed for crises

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AZERBAIJAN

Oil and COVID-19 shocks in Azerbaijan.