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High fiscal financing needs and an USD800mn external bond maturity in January 2023 increase the risk of default given the country’s limited access to financial markets. According…
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DOI: 10.1108/OXAN-DB274559
ISSN: 2633-304X
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Geographic
Topical
The hike was double the 25 bp expected by most economists and took place without any similar move from the US Federal Reserve (Fed), increasing the gap between the respective…
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DOI: 10.1108/OXAN-DB212142
ISSN: 2633-304X
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Geographic
Topical
These difficulties have arisen despite the sharp rise in oil output to nearly 143 million barrels last year, from which the government received some USD1.6bn in revenues. Oil…
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DOI: 10.1108/OXAN-DB286685
ISSN: 2633-304X
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Geographic
Topical
At the same time, private businesses have been allowed to import as never before. New privately owned shops caters to those with hard currency, but for most people the economic…
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DOI: 10.1108/OXAN-DB281234
ISSN: 2633-304X
Keywords
Geographic
Topical
Economic troubles.