Latin America Economics Update Brazil using sticking plasters as public finances worsen The recent sharp deterioration in Brazil’s public finances has forced Finance Minister Fernando Haddad to outline further fiscal tightening measures, but we doubt that the government will do enough to... 23rd July 2024 · 5 mins read
Emerging Markets Economics Update EM fiscal rules: there to be broken? A growing number of EMs have adopted fiscal rules to improve investor confidence in the management of their public finances. But the recent deterioration in fiscal health in some EMs has led to the... 23rd July 2024 · 4 mins read
Europe Economics Focus German debt brake to cause more self-inflicted pain Fiscal policy has become almost as fraught in Germany as it is in France and Italy, but rather than from a desire to run very loose fiscal policy, Germany’s woes stem from its strict “debt brake”... 23rd July 2024 · 21 mins read
Europe Economics Weekly France struggling (and not just at football) France has made little progress towards forming a new government since the second round of the elections last Sunday. But when a new administration is eventually formed, it will struggle to agree a... 12th July 2024 · 5 mins read
Africa Economics Update Kenya: sovereign default risks on the rise again Recent protests in Kenya have dealt a heavy blow to President Ruto’s fiscal consolidation plans and, with the president dismissing the cabinet yesterday as he tries to cling on to power, it looks... 12th July 2024 · 5 mins read
Asia Economics Focus Will Indonesia breach its budget deficit limit? The recent rise in public spending and fall in revenues has sent the Indonesian government’s budget deficit veering towards the constitutional 3% of GDP limit. And it’s unclear how the president-elect... 10th July 2024 · 9 mins read
Middle East & North Africa Economics Update Egypt needs to stick to frugality to ease debt fears Egypt’s government faces a likely further rise in debt servicing costs over the coming year. But the good news is that the budget for the 2024/25 fiscal year (which started this week) reaffirmed the... 3rd July 2024 · 5 mins read
Latin America Economics Update Colombia: public finance concerns here to stay The recently-published fiscal plans of Colombia’s government seem to have alleviated some near-term fiscal concerns, but we think the medium-term budget and debt projections are based on rosy... 2nd July 2024 · 5 mins read
Africa Chart Pack Africa Chart Pack (June. 2024) GDP growth is likely to pick up over the coming quarters as inflation falls back and gives way to monetary easing cycles whilst the external environment will also be more favourable for most... 28th June 2024 · 0 mins read
Africa Economics Weekly SA coalition cracks, Kenya protests, Ghana debt deal Disagreements between the South Africa’s largest party, the ANC, and its main partner in the government of national unity, the DA, over cabinet posts reinforces our point that the coalition is fragile... 28th June 2024 · 5 mins read
Latin America Economics Update The Brazilian real at 30 Monday marks the 30th anniversary of the introduction of Brazil’s currency, the real, as part of a stabilisation plan (the Plano Real) which successfully tamed runaway inflation. For other EMs facing... 27th June 2024 · 5 mins read
Africa Economic Outlook Tight fiscal policy to constrain the recovery Growth in Sub-Saharan Africa is set to accelerate over the next couple of years, helped by a more favourable external environment as well as falling inflation and interest rates. But tight fiscal... 27th June 2024 · 19 mins read
