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The ruling means there is a gap of at least EUR17bn (USD18.4bn) in next year’s spending that needs to be addressed. The coalition parties are divided on how to resolve the issue.
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DOI: 10.1108/OXAN-DB283925
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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Geographic
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Climate investment globally topped USD1tn last year but remains well short of the estimated USD8tn requirement. Most funding goes to developed economies and mitigation projects…
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DOI: 10.1108/OXAN-DB284298
ISSN: 2633-304X
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Geographic
Topical
This financing gap -- between what SMEs require to meet expansion targets and what they can raise from internal or external sources -- has been estimated at 1.1-2.2% of GDP…
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DOI: 10.1108/OXAN-DB285339
ISSN: 2633-304X
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Geographic
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Following an extension of the state of emergency in February, new army offensives, including around the regional capital, Bahir Dar, have intensified the conflict. Reports of…
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DOI: 10.1108/OXAN-DB286204
ISSN: 2633-304X
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Geographic
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His arrest reflects growing authoritarianism within Faustin-Archange Touadera’s government. This contrasts with an improving security situation and government efforts to thaw…
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DOI: 10.1108/OXAN-DB285627
ISSN: 2633-304X
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The policy includes some changes from the justice ministry’s initial draft, most significantly the removal of a proposal for a special court to prosecute the most serious crimes…
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DOI: 10.1108/OXAN-DB286719
ISSN: 2633-304X
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The government proposes banning new contracts for thermal coal exploitation, shortening timeframes for mining exploration and introducing new environmental regulations that could…
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DOI: 10.1108/OXAN-DB285869
ISSN: 2633-304X
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The EU has warned Slovakia that it could face fines or blocked EU funds over concerns that the government’s judicial reforms, particularly those protecting politicians from…
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DOI: 10.1108/OXAN-DB285521
ISSN: 2633-304X
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Geographic
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This was a reference to criticism of Taliban rule by certain international players. While engagement between the emirate and the West remains limited, the Taliban are drawing…