Despite the recent spike in cases, Trinidad and Tobago responded to the onset of the pandemic swiftly and comprehensively, not only through containment measures but also fiscal and monetary interventions.
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With Saudi Arabia's flagship Red Sea tourism project securing $3.8bn in green financing, various governments in the Gulf region are looking to new, alternative tourism models to drive their pandemic recoveries, with an emphasis on ecological options and "staycations".
Economic update | Report: How Kuwait balanced domestic priorities and support for developing economies during the pandemic
17 May 2021
Kuwait entered the pandemic in a relatively resilient position thanks to strong fiscal buffers, favourable demographics and an advanced health care system that benefitted from sustained investment that was proportionally higher than many of its wealthy GCC peers.
Economic update | A global corporate tax rate: will it help or hinder developing nations’ Covid-19 recovery?
13 May 2021
During last year’s US presidential campaign, Joe Biden promised to crack down on tax-evading multinationals, and he has now called for a global minimum corporate tax rate. However, some fear that President Biden’s plan may hinder developing economies’ Covid-19 recovery.
Economic view | Mark Loquan, President, National Gas Company of Trinidad and Tobago (NGC)
11 May 2021
How do you assess the impact of the Covid-19-induced crisis on the natural gas industry?
Economic update | The Fourth Industrial Revolution in sub-Saharan Africa: key to the coronavirus recovery?
6 May 2021
The pandemic has significantly accelerated the global spread of technologies associated with the so-called Fourth Industrial Revolution (4IR), among them artificial intelligence, the internet of things (IoT), big data and blockchain. In sub-Saharan Africa many now see the 4IR as key to the region’s recovery.