OGResearch Macro Portal Newsletter -- February 2020
March 3, 2020
Webinar on the impact of the coronavirus
OGResearch will hold a webinar on the impact of the coronavirus on the global economy. The webinar will take approximately 30 minutes and will cover the current situation,outlook, and implications for emerging markets.
The webinar will take place on Tuesday, March 10, at 4 p.m. CET (10 a.m. EST). Click here to register and receive slides and recording after the webinar. You can also connect directly by clicking here when the webinar starts.
Februaryforecast highlights:
Armenia
Fast GDP growth is supported by strong domestic consumption
Solid growth and are form agenda have lowered risk premium
Inflation remains well below the target
Azerbaijan
Current account surplus and high FX buffers allow for stable currency
Inflation has been low lately
We see no room for further CBA rate cuts
Laos
Despite currency weakening, FX reserves remain low
The government has started much needed fiscal consolidation
Profitability of large investment projects remains the key risk
Myanmar
Current account deficit improved due to garment exports and tourism
Inflation is high but slowing on account of stable exchange rate
Long term outlook remains solid on the back of expected FDI inflows
Tajikistan
The future of the Rogun HPP is increasingly uncertain and completion date has been postponed
In January, the NBT has partly reverted previous policy easing
