Tunisia has successfully navigated the difficulties of the post-revolutionary period by capably establishing robust democratic institutions. However, the country faces macroeconomic challenges since the 2011 revolution. Budgetary pressures, combined with a devaluation of the dinar and a rise in the level of business informality, have made the current environment a complex one.
Articles & Analysis | Unsolicited proposals have become an essential part of transport and infrastructure development plans in the Philippines from The Report: Philippines 2019
The administration of President Rodrigo Duterte has shown a clear preference for using a mix of public funds and official development assistance (ODA) to finance its Build, Build, Build infrastructure programme. While the government has a list of projects in mind to better connect and modernise the country, the area of transport infrastructure...
Articles & Analysis | Infrastructure investment and vehicle-sharing are boosting urban mobility globally from The Report: Philippines 2019
Across the globe the urban transportation sector is experiencing rapid expansion, driven by economic growth and a global demographic shift towards urbanisation. Politicians, urban planners and private sector actors are working together to find new solutions for reducing congestion and increasing the speed and efficiency of urban transport....
Articles & Analysis | Plans under way to decongest the Philippines' primary international transport gateway from The Report: Philippines 2019
In a bid to promote investment and address current challenges, the government has intensified efforts to liberalise air transport. As part of this aim, officials have embarked on the two-pronged strategy of boosting the capacity of the country’s primary international gateway, Ninoy Aquino International Airport (NAIA) in Manila, and developing...
Articles & Analysis | ASEAN green and sustainable bonds provide much-needed funding for infrastructure projects from The Report: Philippines 2019
The year 2018 marked the first anniversary of ASEAN’s inaugural bond issue under the organisation’s common Green Bond Standards (GBS) – a RM2bn ($480m) issue by the Malaysian government-controlled asset manager, Permodalan Nasional. Since then, the green bond market in Asia Pacific has won many accolades, with 2018 seeing the region record the...
Articles & Analysis | The Philippines makes a large-scale push to improve transport and close the infrastructure gap from The Report: Philippines 2019
On the back of the government’s Build, Build, Build (BBB) initiative, various infrastructure projects have been implemented across the country to ease the flow of goods and people, as well as make the country an attractive place to live and work. Dubbed “Dutertenomics”, President Rodrigo Duterte’s prioritisation of infrastructure is intended...