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Plans for the next three years point to a rebalancing in the structure of expenditure, with greater emphasis on spending on health, education and support for the economy. Federal…
The government, with half an eye on a snap election, is determined not to accede to prolonged austerity without the trade-off of significant debt relief. Timing is all. The…
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DOI: 10.1108/OXAN-DB216610
ISSN: 2633-304X
Keywords
Geographic
Topical
President Jair Bolsonaro on February 19 announced the change on Twitter. There was major market turmoil, as investors interpreted it as a sign that Bolsonaro was abandoning the…
A three-year budget cycle is intended to create predictability after a year in which the initial budget had to be revised as the oil price outlook grew gloomier. Spending cuts are…
The economy has been growing respectably, helped by rising exports, inward foreign direct investment (FDI), the ECB's quantitative easing and large inflows of EU structural funds…
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DOI: 10.1108/OXAN-DB210465
ISSN: 2633-304X
Keywords
Geographic
Topical
Low global oil prices and GDP declines in Russia and other trading partners caused a slowdown in growth in Kazakhstan in 2015 and early 2016. External shocks led to a large…