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The government wants to develop non-hydrocarbon sectors to offset the growth and fiscal problems stemming from lower global oil prices. The economy contracted in 2016 for a second…
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DOI: 10.1108/OXAN-DB220249
ISSN: 2633-304X
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Geographic
Topical
The slump was caused by low oil prices and left a legacy of higher debt and banking fragility. The slowdown pushed the government into reviewing the fiscal framework and placing…
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DOI: 10.1108/OXAN-DB243281
ISSN: 2633-304X
Keywords
Geographic
Topical
The war in Ukraine has driven large movements of people and capital into Armenia's small economy, fuelling double-digit GDP growth in 2022. Trade with Russia has boomed as supply…
If two-thirds of creditors agree to the scheme by a July 13 meeting, the government will exchange IBA debt for sovereign loans but it has made it clear it does not bear…