Economic overview With the new Budget Law, the Irish government has committed over 48 billion euros to support the economy and society for the next three years. There are two broader chapters: pro-environment measures and those in support of disadvantaged people. In particular, the new Climate Action, Climate Action, provides for an increase of € Read more about Country report Ireland[…]
Economic overview With an area of 1,648,000 sq km, more than 80 million inhabitants and an administrative division into 31 provinces, Iran is the eighteenth world economy and the second in the MENA area (Middle East and North Africa). The abundance of hydrocarbons (the country owns 18% of the world’s natural gas reserves and 11.3% Read more about Country report Iran[…]
Economic overview As revealed in a recent study by the US think tank Brookings, the pandemic caused by the spread of the coronavirus has inflicted deep wounds on the socio-economic fabric of Southeast Asian countries, imposing an abrupt halt to the vigorous growth process embarked on in the last decade by so-called “Southeast Asian tigers”. Read more about Country report Indonesia[…]
Economic overview According to the International Monetary Fund (IMF), the Indian economy grew by 9.5% in 2021, after the deep contraction of 2020, when the Gross Domestic Product (GDP) had collapsed by 7.3%. In absolute value, the Indian GDP was, in September 2021, about half a percentage point higher than the pre-pandemic levels. Also according Read more about Country report India[…]
Economic overview As a function of economic stimulus, the monetary authorities in May 2021 confirmed the official interest rate at 0.75% in order to favor an economic recovery trend, with a reasonable forecast that this level will be maintained for a good part of the year. course. Following the relevant government interventions in the economy, Read more about Country report Iceland[…]
Economic overview Hungary has adopted in 2021 and for the current year an economic policy strategy focused on fighting the pandemic and relaunching the economy, trying to preserve policies for families and pensions, business support measures, housing and employment programs. A further priority objective concerned the protection of the purchasing power of households from increases, Read more about Country report Hungary[…]
Economic overview On January 27, Xiomara Castro assumed the post of president of Honduras. His speech was vibrant, in which he made it clear that he was receiving a bankrupt, looted country, with a debt that amounted to over 20 billion dollars, and with a clientelist structure practically intact of corruption and impunity, which in Read more about Country report Honduras[…]
Economic overview The rigid public finance constraints dictated by the Basic Law traditionally represent a limit to the capacity of the Hong Kong administration to guide the development of the city and to cope with its social emergencies. The annual appropriations must in fact respect the principles of sound financial management referred to in Article Read more about Country report Hong Kong […]
Economic overview From a historically poorest country in the whole area, Guyana could become by the end of the decade one of the richest in the entire Western Hemisphere thanks to the huge discoveries of offshore crude oil, equal to at least 10 billion barrels equivalent and localized about 200 km from the coast in Read more about Country report Guyana[…]
Economic overview Guatemala can count on a strategic geographical position in the center of the American continent and with a direct border with the largest free trade area in the world, the North American Free Trade Agreement (NAFTA). The most important economy in Centroamérica and seat of the SIECA, a Central American entity that favors Read more about Country report Guatemala[…]