Iraqi New Constitution

latest development in Iraq

With the ratification of the new Constitution in October 2005, a framework of protection of fundamental human rights was established, including a basic guarantee of the right of freedom of expression and an explicit guarantee of structural independence for a national broadcast regulatory body. These are positive developments which provide guidance in the ongoing democratization process in Iraq, for which the development of a free and independent media is indispensable.

The Iranian government has implemented a major reform

Latest Developments in Iran!

Iranian authorities have adopted a comprehensive strategy encompassing market-based reforms as reflected in the government’s 20-year vision document and the sixth five-year development plan for the 2016-2021 period. The sixth five-year development plan is comprised of three pillars, namely, the development of a resilient economy, progress in science and technology, and the promotion of cultural excellence. On the economic front, the development plan envisages an annual economic growth rate of 8 percent and reforms of state-owned enterprises, the financial and banking sector, and the allocation and management of oil revenues among the main priorities of the government during the five-year period.

Vietnam’s economic performance in 2017 has been resilient

Latest Developments in Vietnam!

Vietnam’s medium term economic outlook remains positive. Growth and macroeconomic stability are expected to be sustained over the medium term. Growth is projected to stabilize around 6.5 percent, with some potential to surprise on the upside in the short run, especially if the global recovery remains intact. While inflation is projected to remain moderate thanks to a benign global price environment, strong wage growth may ultimately lift core inflation. External balances are projected to benefit from robust exports and FDI inflows. On the fiscal front, the combination of deficit reduction and divestment from SOEs is expected to contain public debt over the medium term.