On 17 March, the government announced extraordinary stimulus plans to minimize the blow on companies and consumers from the partial...
News Category: Politics
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France: Government deploys aid package to contain the impact of the heath crisis -
Spain: Government unveils economic relief package to combat coronavirus crisis; outlook turns bleak In a bid to blunt the economic blow dealt by the country-wide lockdown imposed to contain the coronavirus crisis, on... -
Korea: Government passes supplementary budget and proposes additional emergency spending to combat Covid-19 Policymakers have needed all hands on deck in recent weeks, as the global spread of Covid-19 has weighed heavily on... -
South Africa: Moody’s skeptical over new budget which sees fiscal deficit widening to 28-year high In the annual budget presentation on 26 February, the government presented spending plans which sees the budget deficit ballooning to... -
Denmark: Government approves massive spending package to support economy In recent days, the government has approved fiscal stimulus measures worth approximately DKK 286.7 billion (USD 38.4 billion) to combat... -
Australia: Government approves first-aid stimulus package to cushion coronavirus blow Amid heavy stock market losses and in a bid to shield the economy from the impact of coronavirus, the government... -
New Zealand: Government approves record stimulus package to buttress economy against coronavirus blow On 17 March, the government unveiled a NZD 12.1 billion stimulus package, including both tax cuts and additional spending in... -
Chile: Chile enacts progressive tax reform in March; fiscal deficit expected to hit 10-year high On 1 March, the long-awaited overhaul to the tax system finally came into effect. Last-minute tweaks were incorporated to plug... -
Ukraine: President Zelensky reshuffles cabinet amid disappointing economic performance On 4 March, President Volodymyr Zelensky replaced most of his cabinet, including the prime minister, with more established officials in... -
Slovakia: Election outcome highly uncertain but unlikely to affect economic outlook On 29 February, Slovakia will elect its new Parliament. While the result is currently highly uncertain, the short-term economic outlook...