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State-controlled oil company Petrobras's CEO, Maria das Gracas Foster, and five senior executives resigned on February 4 in the wake of the so called 'Carwash' corruption…
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DOI: 10.1108/OXAN-DB198107
ISSN: 2633-304X
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The collapse in commodity prices, above all oil, plus the impact of an extended lockdown have depressed Russia's exports, investment and consumption. The economic prospects could…
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DOI: 10.1108/OXAN-DB253071
ISSN: 2633-304X
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The IMF has revised downwards its forecast for Saudi GDP growth in 2024 to 2.7% but raised its 2025 forecast to 5.5%. This reflects a positive medium-term outlook for the Gulf…
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DOI: 10.1108/OXAN-DB285518
ISSN: 2633-304X
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Commodity-producer countries react to low prices and sector sluggishness.
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DOI: 10.1108/OXAN-DB206923
ISSN: 2633-304X
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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…
Competition for resources among Russia's regions.
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DOI: 10.1108/OXAN-DB210800
ISSN: 2633-304X
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Saudi National Transformation Program.
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DOI: 10.1108/OXAN-DB212270
ISSN: 2633-304X
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A major goal of Vision 2030, the kingdom’s strategic development framework, is to address persistently high levels of unemployment, especially amongst young people. Although…
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DOI: 10.1108/OXAN-DB274315
ISSN: 2633-304X
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Rouhani in late December 2018, when presenting his programme to the Majlis, reported that his administration plans to run a balanced budget for the fiscal year beginning March 21.
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DOI: 10.1108/OXAN-DB242059
ISSN: 2633-304X
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The plan aims for 85% funding by private capital, with the balance coming from federal and state governments. It also envisions 5% average annual GDP growth over the period, and…