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Mexico has overtaken China in having the second-highest remittance income in the world, behind only India, which receives around USD100bn per year. Growth has been uninterrupted…
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DOI: 10.1108/OXAN-DB278744
ISSN: 2633-304X
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The increase, the largest since 2002, comes despite low growth expectations and reflects concerns over rising inflation, with the Central Bank warning of a similar rate rise in…
Policy differences reflected in Russian budget debate
With an ambitious development agenda to fund amid mounting debt, and under pressure from the IMF to rationalise revenues, the government aims to increase fiscal space with a set…
Spending will be cut by nearly 2% this year to keep the budget in a slight surplus. Russian policymakers face a now familiar trade-off between their desire for fiscal rectitude…
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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It is only an interim budget because a general election is set to take place soon, most likely in April-May. The budget surprised many observers because of its lack of…
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DOI: 10.1108/OXAN-DB285189
ISSN: 2633-304X
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However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…
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DOI: 10.1108/OXAN-DB285374
ISSN: 2633-304X
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Geographic
Topical
Nigeria's COVID-19 response.
Russian management of external risks.