Economic and political headwinds to weigh on Bolivia’s construction output
Bolivia is currently facing an economic crisis that has led to widespread social unrest throughout the nation, with the country…
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Finnish Government announces second supplementary budget
The Finnish Government submitted its second supplementary budget proposal to the Parliament on 28 May 2025, which was approved on…
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Mozambique’s Budget woes, debt and unrest may weaken the construction industry
The Council of Ministers of the Mozambique Government has approved the draft law for the Economic and Social Plan and…
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New Zealand’s 2025 Budget records a decline in operating spending to combat debt
New Zealand’s Minister of Finance delivered the country’s 2025 Budget on May 22nd, 2025, with an average allocation of NZ$1.3bn ($777.1m)…
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The structural consequences: Trump’s tariff policies’ effect on supply chains in the construction industry
In an effort to "reshore" and revitalise US manufacturing, Donald Trump’s second administration marks a decisive shift towards economic decoupling…
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China’s construction industry to face downside risks in 2025, amid Trump’s tariffs
The construction industry in China is expected to face downside risks in 2025 due to the ongoing trade war between…
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Amid political uncertainty, Romanian government approves 2025 budget plan
On 18 February 2025, the Romanian Parliament approved the 2025 budget, which was supposed to be adopted at the end…
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Modi set for third term as PM, construction being main pillar for economic development
On 4 June 2024, the Election Commission of India announced the results of the Lok Sabha, India’s lower house of…
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Weakness in Israel’s construction industry to continue in 2024, amid the ongoing war
Israel’s construction industry has been severely impacted since the start of the ‘Swords of Iron’ war in early October 2023,…
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Bangladesh’s ADP spending falls to 14-year low in first eight months of FY2023-2024
Bangladesh’s Annual Development Programme (ADP) experienced a significant setback in the first eight months of the current fiscal year (FY),…