On 30 September, the UAE cabinet approved an AED 180 billion (USD 49 billion) three-year federal budget plan for the...
News Category: Politics
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UAE: Cabinet approves largest budget in history, which should boost growth in 2019 -
Netherlands: Expansionary 2019 budget to maintain fiscal surplus Against the background of a booming economy, the government presented a slightly expansionary 2019 budget on the third Tuesday of... -
Turkey: Government slashes growth forecasts and announces austerity measures in New Economic Program Treasury and Finance Minister Berat Albayrak presented the New Economic Program (NEP) (formerly the Medium-Term Program, MTP) on 20 September.... -
Latvia: Corruption dominates agenda as election looms; anti-establishment parties set to gain support Latvians will head to the polls on 6 October against the backdrop of a series of corruption scandals this year... -
United States: Trade war with China escalates as new tariffs on USD 200 billion take effect The outlook for global trade markedly deteriorated in recent weeks as the Trump administration followed through with its threats to... -
Sweden: Elections lead to fractured political panorama, but economic growth should stay robust In general elections held on 9 September, both the center-left and center-right blocs lost support and lack an absolute majority,... -
Angola: IMF loan request underscores government’s commitment to structural reforms On 20 August, the Angolan government announced that it was seeking financial support from the IMF after receiving several months’... -
Venezuela: Government enacts sweeping reforms in latest attempt to revive crisis-stricken economy On 20 August, a series of far-reaching economic reforms came into effect as President Nicolás Maduro once again strived to... -
Brazil: Wide open electoral race clouds economic outlook Despite being less than a month away, Brazil’s 7 October elections remain highly uncertain, with several candidates possible contenders for... -
Korea: Moon administration proposes the largest government budget increase in a decade In unveiling its 2019 budget proposal on 28 August, the administration of President Moon Jae-in presented the largest budget increase...