OGResearch Macro Portal Newsletter -- August 2021
September 2, 2021
August forecast highlights:
Armenia
- The political situation has stabilized after decisive June parliamentary elections
- Inflation has accelerated further and is expected to remain high in near term
- The CBA has reacted promptly by increasing the policy rate
Myanmar
- We estimate about 15% GDP drop in FY 2020/21
- We expect the junta to hold on to power
- Fiscal needs will trigger deficit monetization, leading to elevated inflation
Forecast schedule:
August full updates:
Coming in September:
- Georgia - Sep 6
- Ethiopia - Sep 20
- Uzbekistan - Sep 20
