Public finances were already tight before the outbreak of the coronavirus pandemic, which, combined with the crash in oil prices,...
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Ecuador: Government announces relief measures amid oil price and coronavirus shocks; external debt challenges mount -
Belarus: Economy contracts for the first time in over three years in Q1 2020 The economy shrank 0.3% in the first quarter of the year, according to a preliminary GDP estimate released by Belarus’... -
Philippines: BSP slashes rates to lowest level since introduction of corridor system in 2016 in April At an off-cycle monetary policy meeting on 16 April, the Central Bank of the Philippines (BSP) cut the overnight reverse... -
Ireland: Consumer confidence hits over decade low in April on worries over the fallout from Covid-19 The KBC Bank Ireland/ESRI consumer sentiment nosedived to 42.6 in April from 77.3 in March, marking the worst reading in... -
Argentina: Inflation moderates in March Consumer prices rose 3.3% over the previous month in March, coming in above February’s 2.0% rise which had marked the... -
Bulgaria: Inflation falls in March Consumer prices fell 0.6% from the previous month in March, contrasting February’s 0.1% uptick. According to the Statistical Institute, February’s... -
Italy: Inflation at over 3-year low in March Consumer prices inched up 0.1% month-on-month in February, which confirmed preliminary estimates and followed February’s sharper 0.3% increase, according to... -
Australia: Full-blown coronavirus pandemic delivers biggest fall in consumer sentiment on record in April The Westpac-Melbourne Institute consumer sentiment index tumbled to 75.6 in April from 91.9 in March, thus logging the sharpest month-on-month... -
Mexico: Government presents timid response against Covid-19 crisis, jeopardizing economic and credit rating outlook On 5 April, President Andrés Manuel López Obrador (AMLO) unveiled a set of policy measures to placate the economic fallout... -
Indonesia: Exports and imports post mild declines in March Indonesia posted a trade surplus of USD 0.7 billion in March, down from February’s revised USD 2.5 billion surplus (previously...