• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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Chapter | Table of Contents from The Report: Mexico 2019

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In 2018 Mexico’s economy ranked second in Latin America and 15th in the world in terms of GDP, which totalled $1.22trn, according to the World Bank. In 2019 the newly elected President Andrés Manuel López Obrador has pushed ahead with efforts to meet his pledge to tackle corruption and implement austerity measures within the government, to reduce costs and curb excessive expenditures.

As part of efforts to stimulate the economy, the Central Bank of Sri Lanka has taken the unprecedented step of ordering lenders to reduce their interest rates.

Policymakers in Papua New Guinea are accelerating efforts to regulate the informal economy, after an audit found that it accounted for around one-fifth of GDP.

Le Maroc s’apprête à voir grimper ses exportations industrielles suite à l’inauguration du port Tanger-Med 2.

Bahrain is capitalising on the recent visit of Narendra Modi, Prime Minister of India, with the two countries signing a raft of collaboration agreements amid ongoing economic cooperation.

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