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The NBRB revised in 2018 its regulation on asset classification and provisioning (the Regulation). One of the main changes was the introduction of a new definition for NPLs based on the current framework of risk groups (RGs). This definition substitutes the previous term 'problem assets.' One of...
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Hong Kong SAR (HKSAR) is a small and open economy, and a major international financial center with extensive linkages to Mainland China. Over the past two years, Hong Kong SAR's economy and financial sector were adversely impacted by domestic social unrest, US-China tensions, and the global...
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) addressing the Belgian labor market-segmentations and distortions. Belgium faces fiscal challenges that call for a substantial …
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This paper discusses economic development and policies of Belgium. The new government has taken important steps to … identified. Tapping Belgium's full labor market potential requires a comprehensive and inclusive jobs strategy …
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Belgium was hit hard early by Covid-19, but a timely, strong, and sustained health and economic policy response helped …
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