Inflation is running at a brisk pace and is set to pick up further in the coming quarters; supply disruption has been exacerbated by the war in...
South Africa | Budget 2022: When the economy’s bottom falls out
Posted by Jee-A van der Linde on Feb 16, 2022
President Cyril Ramaphosa’s State of the Nation Address (Sona) again contained some positive signs of a change in policy direction. The provision of...
Portugal | Costa’s election win offers hope for political stability
Posted by Ricardo Amaro on Feb 1, 2022
Yesterday’s unexpected majority win for the Socialist Party paves the way for greater political stability in Portugal. This will simplify the...
Japan | Why the supplementary budget flatters to deceive
Posted by Norihiro Yamaguchi on Jan 26, 2022
Japan’s parliament has approved the latest supplementary budget, which includes the second-largest expenditure package in its history. But while the...
Malaysia | Fiscal stimulus primed to support the recovery
Posted by Sian Fenner on Nov 3, 2021
The government has announced a record spending plan in the 2022 Budget to spur the post pandemic recovery. Measures include an increase in cash aid...
Eurozone weekly economic briefing | Potential policy shakers this week
Posted by Daniela Ordonez on Oct 22, 2021
The week was full of events that could potentially become policy shakers. While the PMIs showed economic growth keeps cooling, energy prices...
Australia | Investment recovery driving a stronger outlook
Posted by Sean Langcake on Jun 17, 2021
Our June forecasts contained a substantial upward revision to growth in 2021 and 2022. We now forecast growth of 5.3% in 2021, followed by 3.2% in...
Australia | Budget windfalls parlayed into more stimulus
Posted by Sean Langcake on May 18, 2021
Australia’s remarkably strong economic performance since the onset of the pandemic has led to a marked revision to the budget deficit this year; the...
Canada | Fiscal stimulus primed to boost the post-Covid economy
Posted by Tony Stillo on May 13, 2021
The Canadian economy will get a significant fiscal stimulus boost as it emerges from the coronavirus crisis. We see the direct effects of the...
Australia | A structural measure of the budget balance
Posted by Sean Langcake on Apr 27, 2021
The budget deficit blew out in FY20 and will widen further in FY21 due to thegovernment’s efforts to cushion the shock of the COVID-19 recession....