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1 – 10 of 21This is having highly negative economic and social consequences, with problematic implications for long-term growth and stability. The country’s already extreme inequality is…
The budget will amount to EUR24bn (USD28bn), with a deficit of 4.3% of GDP to support tax cuts and increased spending. The higher-than-expected deficit comes as economic growth…
Retail sales accelerated in annual terms, as consumption continues to lead economic expansion. However, investment slowed and exports fell back deeper into contraction. The…
The Economic Development Board (EDB), the country’s investment promotion agency, announced in March that its ‘golden licence’ scheme of incentives for local and foreign investors…
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DOI: 10.1108/OXAN-DB286570
ISSN: 2633-304X
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The legislation’s smooth journey through Congress illustrates the pragmatic relationship Noboa has established with the legislature. This, however, will be difficult to maintain…
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DOI: 10.1108/OXAN-DB284379
ISSN: 2633-304X
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The budget is likely to be enacted by the end of the current fiscal year in March 2024. Rapidly increasing military spending reflects drastic changes in Tokyo’s defence policy. On…
This is driving a rally in government bonds and equities. However, labour markets remain tight, fuelling wage growth and keeping services inflation above central banks’ 2…
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DOI: 10.1108/OXAN-DB283981
ISSN: 2633-304X
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However, there are signs that political cooperation is beginning to crumble, which will reduce the pace of reform. A National Assembly vote later this month on the government’s…
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DOI: 10.1108/OXAN-DB285772
ISSN: 2633-304X
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The target will be met through the regular budget and the EUR100bn (USD104bn) special defence fund, which is due to be exhausted by the end of 2027. There is no cabinet consensus…
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DOI: 10.1108/OXAN-DB285357
ISSN: 2633-304X
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On November 7-8, senior Emirati officials gathered in Abu Dhabi for an annual meeting focusing on diversifying the economy, chiefly away from reliance on Abu Dhabi's oil, an…