Articles

Key View: Kiribati released the KV20 in July, which outlines the government's long-term development plans for 2016-2036. Although the growth targets are overly ambitious, we see the blueprint as generally positive for the economy. We are revising our average real GDP growth forecast upwards to 2.7% per annum over the coming decade (from 2.0%

Key View:

• Mexico remains a key medicine market in Latin America.
• Ageing population and a rising chronic disease burden continues to fuel opportunities for drugmakers.
• Weak regulatory environment and cost-containment measures threaten innovative drugmakers.
   

Forecasts:

The value of Mexico's pharmaceutical market reached MXN189.68bn (USD10

Key View: Incumbent Zimbabwean President Emmerson Mnangagwa is likely to retain his office in the country's upcoming general election on July 30, presaging a period of political stability and economic reform. While many of the government's senior officials are carryovers from the ousted Mugabe regime, a democratically elected Mnangagwa

The latest: The chances of a second consecutive Czech rate hike have increased. This follows from a July 24 interview of Czech National Bank (CNB) board member Vojtech Benda, who told Bloomberg that he saw room for debate on a further rate hike at the next rate meeting on August 2. Benda's tightening calls were backed by the CNB's Chief Economist

Key View: Investment in Tajikistan's transport infrastructure sector over the next decade will primarily be driven by two factors: the critical need to rehabilitate and upgrade domestic road networks, and the expansion of regional transport links on the back of China's Belt & Road initiative. As a landlocked country, the road and rail segments will

Key View:

• Increased cost-containment across Europe will result in greater consumption of lower margin drugs.
• Consolidation and vertical integration of medicine wholesale and retail markets is increasing.
• Drugmakers may improve market access in Central Europe but revenues may be repressed.

Transformation of the pharmaceutical supply chain

Key View: The upcoming elections in Indonesia, scheduled to be held in June 2019, pose a downside risk to the construction sector's growth outlook. China-backed projects are particularly vulnerable if foreign investment and the high levels of debt associated with infrastructure projects become politically contentious issues over the coming months.

Key View: Heightened regulatory and competition challenges will still weigh on DStv, even as it launches a streaming-only version of its service. Its efforts to adapt to changing consumer needs and industry paradigms are welcomed, but the intensifying OTT threat means that this transformation is not risk-free.

On the back of a steady decline in

Key View:

• Healthcare spending will continue to be repressed by austerity measures over the long term.
• Public healthcare financing remains uncertain and reform progress has been slow.
• The market will remain highly unattractive for drugmakers due to aggressive pricing policies and the clawback tax.

Forecasts:

Greece's healthcare market is