Turkey: Downgrade short-term political risk from 3 to 4
Turkey’s Achilles heel is and remains its high level of short-term debt and its reliance on volatile capital flows to finance its large gross financing requirements.
COUNTRY:
Turkey
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Pakistan: Widening macroeconomic imbalances threaten the strong growth trajectory
Highlights
Upbeat momentum on the back of huge infrastructure projects involving the China-Pakistan Economic Corridor (CPEC).
The CPEC is however ...
COUNTRIES :
Pakistan
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Structured Commodity Finance Conference
Credendo will be represented at the Structured Commodity Finance Conference in London on 17-18 ...
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Costa Rica: Divided legislature awaits newly elected president, making necessary fiscal policy reforms a possibly daunting task
Event
In the second and final round of the Costa Rican presidential election, former minister of labour Carlos Alvarado Quesada beat the evangelical ...
COUNTRY:
Costa Rica
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Egypt: Unsurprisingly Abdel Fattah al-Sisi won Egypt’s presidential elections
Unsurprisingly Abdel Fattah al-Sisi won Egypt’s presidential elections. He is expected to focus on the continuation of the economic reforms he ...
COUNTRY:
Egypt
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Peru: President resigned under threat of second impeachment vote but country risk classifications remain stable
Event
President Pedro Pablo Kuczynski, only in office for 20 months, resigned the presidency under the threat of a second impeachment vote. Peru’s ...
COUNTRY:
Peru
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India: Punjab National Bank’s fraud and waning investor confidence will weigh on state bank recapitalisation plan and government budget
Event
The Indian banking sector remains shaken by the Punjab National Bank’s (PNB) alleged fraud of about USD 2 bn that was revealed mid-February ...
COUNTRY:
India
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Ghana: Despite the promising GPD growth rebound, public finances remain challenging
The recurrence of policy slippages in election years constitutes a major institutional weakness
COUNTRY:
Ghana
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