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1 – 10 of 18Its actions included floating the currency, which triggered a major devaluation, and a 600-basis point increase in its benchmark interest rate to 27.75%. Meanwhile, the government…
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DOI: 10.1108/OXAN-DB285730
ISSN: 2633-304X
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British Airways stopped selling tickets in Egyptian pounds because it could not convert earnings into dollars. At end of February, Egypt's foreign reserves stood 16.53 billion…
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DOI: 10.1108/OXAN-DB209785
ISSN: 2633-304X
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In 2018 the economic slump and devaluation helped to improve the trade balance by cutting imports. However, the current account deficit reached 5.4% of GDP, up from 4.9% in 2017…
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DOI: 10.1108/OXAN-DB243427
ISSN: 2633-304X
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Azerbaijan's January-June contraction.
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DOI: 10.1108/OXAN-DB212766
ISSN: 2633-304X
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Despite a series of IMF programmes since 1989, public sector debt levels have climbed to worrying heights, driven by deficits on both fiscal and current account accounts. Jordan’s…
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DOI: 10.1108/OXAN-DB270291
ISSN: 2633-304X
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Prospects for the United Kingdom in 2017.
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DOI: 10.1108/OXAN-DB214803
ISSN: 2633-304X
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Pakistan's ruling party seeking economic stability.
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DOI: 10.1108/OXAN-DB224154
ISSN: 2633-304X
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Prospects for the global economy in the fourth quarter.
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DOI: 10.1108/OXAN-DB203087
ISSN: 2633-304X
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The decision was not officially announced but quickly followed the IMF's completion of the third review of Egypt's loan programme. The gradual removal of subsidies is a key IMF…
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DOI: 10.1108/OXAN-DB289161
ISSN: 2633-304X
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Stabilisation measures implemented with Gulf assistance this year have created a platform for manufacturing growth. If this can be directed to boost manufactured exports, it would…