Search results
1 – 6 of 6Issues such as soaring inflation, currency depreciation and debt repayment problems are having a major impact on the economy. The World Bank estimates that GDP grew by 3.7% in…
Details
DOI: 10.1108/OXAN-DB287447
ISSN: 2633-304X
Keywords
Geographic
Topical
Banking liquidity, capital, and portfolio quality indicators were positive. Nevertheless, some foreign banks have departed amid doubts over instability, the lifting of capital…
Details
DOI: 10.1108/OXAN-DB289292
ISSN: 2633-304X
Keywords
Geographic
Topical
Previously in April, Saudi banks put together a SAR10bn (USD2.7bn) revolving credit facility for NEOM, the largest of a cluster of ‘giga-projects’ backed by the PIF. This…
Details
DOI: 10.1108/OXAN-DB287731
ISSN: 2633-304X
Keywords
Geographic
Topical
Inflation is a top challenge for the government, which targets 6.0-7.0% GDP growth in 2024, compared with 5.5% in 2023. GDP grew by 5.7% year-on-year in the January-March quarter…
Details
DOI: 10.1108/OXAN-DB287954
ISSN: 2633-304X
Keywords
Geographic
Topical
A key driving factor was soaring government consumption ahead of the February general election, which included the race to succeed Joko ‘Jokowi’ Widodo as president, won by…
Details
DOI: 10.1108/OXAN-DB287205
ISSN: 2633-304X
Keywords
Geographic
Topical
Retail sales accelerated in annual terms, as consumption continues to lead economic expansion. However, investment slowed and exports fell back deeper into contraction. The…