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The federal budget deficit target for 2023, set at RUB2.9tn (USD35.8bn), is likely to be exceeded for the second year in a row. Federal expenditure is showing no signs of slowing…
The government announced its sovereign debt restructuring proposal on April 16, including a three-year moratorium, and an average haircut of 62% on interest payments (equivalent…
Prospects for the global economy to end-2016.
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DOI: 10.1108/OXAN-DB211416
ISSN: 2633-304X
Keywords
Geographic
Topical
GDP growth slowed to 3.3% year-on-year in the first quarter. The slowdown was mainly due to the decline in exports, with Vietnam’s top export markets -- the United States, the EU…
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DOI: 10.1108/OXAN-DB279855
ISSN: 2633-304X
Keywords
Geographic
Topical
The government nevertheless remains under pressure from domestic critics and external stakeholders because of dwindling foreign exchange (forex) reserves and a growing debt…
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DOI: 10.1108/OXAN-DB263250
ISSN: 2633-304X
Keywords
Geographic
Topical
Relations between Moscow and Kyiv continue to be terrible and there appears to be little sign that tensions will ease next year. In recent weeks, ties have soured further over…