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The figures also indicate that the imbalances created by pandemic-related injections of liquidity in 2000 and 2021 have largely been corrected.
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DOI: 10.1108/OXAN-DB286625
ISSN: 2633-304X
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Geographic
Topical
As a result of dwindling tax revenue, he also said that state spending would be cut by EUR10bn (USD10.8bn). The government’s forecast for this year is more optimistic than…
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DOI: 10.1108/OXAN-DB285767
ISSN: 2633-304X
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Geographic
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Although the central bank has increased interest rates substantially since June 2023, the effects on economic activity and inflation have been limited. Prices and policy…
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…
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DOI: 10.1108/OXAN-DB287205
ISSN: 2633-304X
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Geographic
Topical
The war in Gaza, which began in October 2023, was initially expected to wind down within a few months, enabling economic activity to return to normal. Instead, the fighting has…
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DOI: 10.1108/OXAN-DB287366
ISSN: 2633-304X
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Geographic
Topical
Chinese exports grew by 7.1% year-on-year in US dollar terms, while imports expanded by 3.5%. The trade gap narrowed to USD39.7bn in February. Export growth was buoyed by rapid…
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DOI: 10.1108/OXAN-DB286287
ISSN: 2633-304X
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Geographic
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The prolonged dry period is having a serious economic impact, as Zambia relies heavily on hydropower to generate electricity and has been forced to implement power cuts for…
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DOI: 10.1108/OXAN-DB286866
ISSN: 2633-304X
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Geographic
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Panama has demonstrated resilience and maintained economic momentum, despite challenges such as reduced traffic through the drought-stricken Panama Canal and the closure, after…
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DOI: 10.1108/OXAN-DB286475
ISSN: 2633-304X
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Quarter-on-quarter growth accelerated to 1.6%, from 1.2% previously. A 6% year-on-year expansion in the secondary sector -- manufacturing and construction -- led the growth, while…
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DOI: 10.1108/OXAN-DB286623
ISSN: 2633-304X
Keywords
Geographic
Topical
Markets in the region are characterised by the dominance of a small number of large firms, and the Bank believes that governments can spur growth by strengthening competition…