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Spending will be cut by nearly 2% this year to keep the budget in a slight surplus. Russian policymakers face a now familiar trade-off between their desire for fiscal rectitude…
Meanwhile, its programme to vaccinate the population against the coronavirus is proceeding slowly: fewer than 160,000 of its roughly 98 million people are fully inoculated. The…
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DOI: 10.1108/OXAN-DB262419
ISSN: 2633-304X
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The war in Ukraine has driven large movements of people and capital into Armenia's small economy, fuelling double-digit GDP growth in 2022. Trade with Russia has boomed as supply…
The collapse in commodity prices, above all oil, plus the impact of an extended lockdown have depressed Russia's exports, investment and consumption. The economic prospects could…
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DOI: 10.1108/OXAN-DB253071
ISSN: 2633-304X
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Moldova's weak economy is currently embroiled in the midst of a banking crisis which has seen 1 billion dollars go missing from three of the nation's biggest banks. In total, this…
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DOI: 10.1108/OXAN-DB199453
ISSN: 2633-304X
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Solih’s government has departed from the pro-China diplomacy which Yameen pursued, reverting to the country’s long-standing ‘India First’ policy. Indian Foreign Minister S…
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DOI: 10.1108/OXAN-DB268760
ISSN: 2633-304X
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The modest GDP increase is attributed to government support for the economy as well as steadier oil prices and the launch of production at the Kashagan oil field. Low debt levels…