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Growth pessimism is gaining ground in Latin America

Location:

LATIN AMERICA

In December 2014 ECLAC had anticipated expansion in Latin America and the Caribbean (LAC) of 2.2% for 2015. It is now forecasting growth of only 0.5%, down from 1.1% in 2014 and…

Kazakh government will try to moderate oil reliance

Location:

KAZAKHSTAN

Kazakh economic update.

Prospects for the Russian economy to end-2022

Location:

PROSPECTS H2 2022

Prospects for the Russian economy to end-2022.

EU oil ban will bite into Russia's budget and GDP

Location:

RUSSIA

Oil sales to the EU netted an average USD10bn in March and April; this revenue stream will be lost if European leaders can agree unanimously on a ban. Refined products as well as…

Prospects for the Russian economy in 2023

Location:

PROSPECTS 2023

Prospects for the Russian economy in 2023.

Prospects for the Russian economy to end-2023

Location:

PROSPECTS H2 2023

Despite recent economic stabilisation, future growth prospects are severely limited owing to Russia’s international isolation. A prolonged war in Ukraine would threaten the…

High oil prices improve Bahrain’s economic outlook

Location:

BAHRAIN

Bahrain’s economic prospects have improved dramatically following the surge in world commodity prices in recent months. Strong oil and aluminium revenues have boosted the fiscal…

Russian external risk management constrains growth

Location:

RUSSIA

Russian management of external risks.

Strong finances will help Russia fund budget deficit

Location:

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…

Oil will drive record Guyana growth again in 2022

Location:

GUYANA

As in 2020 and 2021, this projected growth will be driven by the ongoing expansion of the oil and gas sector, and related investment and state revenues. These rising revenues will…