Emerging Countries – Monthly News Digest
- Central and Eastern Europe, Central Asia
- North Africa, Middle East
- Sub-Saharan Africa
- Latin America
- Trends to watch
Highlights: Slovenia is the good student of the European Union. Despite weakening, the Qatar economy is proving fairly resilient to the embargo. The IMF welcomes Nigeria's emergence from recession but warns about an economy that is still convalescent. China has a new vice Prime Minister. As a sign, among other things, of culpable interference between the Argentinian state and the Central Bank, inflation is picking up.
The banking sector had been especially hard-hit and the necessary intervention of the public finances had pushed debt levels up from 21.8% of GDP in 2008 to 82.9% in 2015. Since then, it has been trending down, to a forecast 76.4% of GDP in 2017, and a 63% projection in 2022. The budget deficit, which has also been significantly narrowed, is forecast to be in balance in 2018 and stabilise around this balance at the same time.