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The new agreement envisages a primary surplus of 2% of GDP, a zero general deficit and reserves accumulation of USD10bn; it includes no new funding. However, the widening gap…
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DOI: 10.1108/OXAN-DB284724
ISSN: 2633-304X
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Following its strong results in the October mid-term election, the government has been pressing tax and pension reforms and a new fiscal accord with provincial governors; all…
President Luis Lacalle Pou’s government has strong public support thanks to a tepid economic recovery and improvements in security, and despite a new wave of COVID-19 cases…
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DOI: 10.1108/OXAN-DB267062
ISSN: 2633-304X
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Transnistria's economy.
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DOI: 10.1108/OXAN-DB202970
ISSN: 2633-304X
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Geographic
Topical
Fiscal and debt stabilisation plans.
The contraction preceded the impact of the COVID-19 outbreak. The large inherited fiscal deficit and rising debt-to-GDP ratio are forcing the new government to take unpopular…