ECONOMIC RECOVERY: Thai debt, assets set to even out, NATIONAnoma Srisukkasem
The so-called “green shoots” of recovery are turning brown in the scorching summer sun. In fact, the whole debate about when and how a recovery will begin is wrongly framed. On one side are the V-shapers who look back at prior recessions and conclude that the faster an economy drops,...
To better balance development and risk management, the ministry will promote the prevention and resolution of local government debt risks, accelerate the implementation of a package of related measures and push for the reform and transformation of local government financing platforms....
In a meeting of the federal cabinet last week, Sharif said with the collective efforts of all government departments, the country's economy is on the path of recovery. The government is also committed to doubling the country's export volume over the next five years, he said. Tahir Farooq, ...
Recognize that the fiscal powers of the federal government can restore stability Ignore the debt-to-GDP ratio; allow it to drift to whatever value is consistent with an economic recovery and a return to high employment Enact a full payroll tax holiday by setting employer and employee FICA contri...
debt maturing is increasing in 2024 and will continue to grow in 2025. The impact of rising interest rates on households could also intensify slowly as the effective interest rate gradually rises, while arrears on other types of debt (eg, credit cards and auto loans) ...
Mexico has faced a bumpy road over the last few years. Economically, it was one of the most severely affected countries during the pandemic, not only because of its 8.6% GDP contraction in 2020, but also due to the lag in its recovery, which finally materialized at the end of 2022. In...
Ghana has an ongoing debt-restructuring plan that has helped it secure an IMF package and disbursements alongside securing agreements with its lenders. Nigeria, on the other hand, is facing rising debt levels amid low revenue generation. The widening fiscal gap caused by the new minimum wage will...
two largest economies is of great significance for maintaining the stability of the economic and financial systems of both countries and the world, as well as for promoting post-pandemic economic recovery and development, for which China has always maintained an open and positive attitude," Liao ...
There are several counterarguments regarding the efficiency and long-term benefits of economic stimulus. Some theorists believe that economic stimulus can actually delay or prevent private sector recovery from the actual cause of a recession. According to this viewpoint, it is misguided to target econ...