TAG: Economy
Although lacking the capital buffers and advanced medical infrastructure of the more developed economies in Asia, Myanmar has so successfully limited the spread of Covid-19 through integrated fiscal, monetary, social and health policy efforts.
In just a few months, the global economy has been forced to adapt to a new normal. While this has created challenges, it has also accelerated certain trends such as digitalisation and the Mexican economy is no exception.
Following GDP growth of 1.5% in 2019, a shift to a more expansionary fiscal stance in response to the Covid-19 pandemic and associated global economic headwinds during the first half of 2020 has helped Abu Dhabi to establish a springboard for continued inclusive growth in the years ahead. While public spending and strategic investment remain important drivers of the emirate’s economic expansion plans, a major overhaul of the investment framework at both the emirate and the national level has been designed to harness the power of private capital and expertise in Abu Dhabi’s ongoing knowledge-led development efforts.