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Travel balance to July soars by 19 pct, reaching almost 9 bln
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Agriculture output prices jump 28.7 pct YoY in Jul, despite input costs falling
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Industrial turnover drops by 10.2 pct in Jul, driven by foreign markets and manufacturing
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Current account deficit shrinks to 7 bln in 7 months as energy and imports ease
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Loans managed by servicers broadly stable in Q2 at 71.16 bln
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Tax revenues continue to outperform in Aug, as ministry explains frugal approach
Amidst Covid and inflation uncertainty, 2022 budget looks forward to solid growth
Amidst growing concerns about the impact of the latest pandemic wave and ongoing pressures on the inflation front, led by energy prices, the Finance Ministry tabled a revised final budget for 2022 in which most macro variables and assumptions are improved compared to the draft tabled at the start of October.
This is the second year on the bounce that the government has tabled a final budget with new restrictions on movements in place, only this year they are mostly focused on unvaccinated citizens. Last year, it was tabled during a lockdown that was meant t...
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