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A growing number of regions face insolvency, threatening national financial stability and requiring immediate solutions from central government. Regional indebtedness has…
Plans for the next three years point to a rebalancing in the structure of expenditure, with greater emphasis on spending on health, education and support for the economy. Federal…
Like Kyrgyzstan and Uzbekistan, Kazakhstan took timely action when evidence of COVID-19 emerged. Their governments' claim of effective management may prove justified but is…
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DOI: 10.1108/OXAN-DB253689
ISSN: 2633-304X
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Geographic
Topical
Central project planning and its impact on regional finances.
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DOI: 10.1108/OXAN-DB249883
ISSN: 2633-304X
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Geographic
Topical
Reduced global demand due to COVID-19 and the collapse of OPEC+ output caps have driven prices under 40 dollars per barrel. That does not benefit Belarus, as its petroleum product…
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DOI: 10.1108/OXAN-DB251393
ISSN: 2633-304X
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Geographic
Topical
This will affect consumer borrowing as people become unable to afford new loans or repay old ones, and the housing market may experience a slump. Low-interest loan schemes to stop…
The population is set to shrink until at least 2036. To support labour productivity as a factor for GDP growth, President Vladimir Putin has set out plans to encourage families…
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DOI: 10.1108/OXAN-DB234111
ISSN: 2633-304X
Keywords
Geographic
Topical
Hit by the COVID-19 pandemic and plummeting global energy prices in the first half of the year, the government drew on its substantial reserves to fund fiscal stimulus and…
A three-year budget cycle is intended to create predictability after a year in which the initial budget had to be revised as the oil price outlook grew gloomier. Spending cuts are…
The government is headed by Prime Minister Natalia Gavrilita, a leading PAS figure and former finance minister. This completes the creation of a strong functioning governance…