Search results

Russia's budget reflects caution on future spending

Location:

RUSSIA

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…

Greek government has made good start towards recovery

Location:

GREECE

Mitsotakis government’s first moves.

India will struggle to rein in fiscal deficit

Location:

INDIA

The fiscal deficit is projected to be 9.5% of GDP in 2020/21 -- compared with a budgeted 3.5% -- narrowing to 6.8% in 2021/22 and 4.5% by 2025/26. The government is counting on…

Turkey’s illiberal economic model will extend further

Location:

TURKEY

Erdogan spoke with pride of imposing additional customs duties to protect domestic industries, cheapening credit and launching a national car project. Economic policies are…

Kazakhstan will fear low oil price longevity

Location:

KAZAKHSTAN

Kazakhstan's oil-based economy.

Sri Lanka government will shrug off unpopularity

Location:

SRI LANKA

Separately, the IMF’s Executive Board on March 20 approved a four-year, roughly USD3bn Extended Fund Facility for the country. The approval came around ten months after Sri Lanka…

Market conditions will delay Russian sell-offs

Location:

RUSSIA

Russia's delayed privatisation programme.

Oman’s new sultan will hasten decentralisation

Location:

OMAN

This marks the first significant change of policy following the death in January of former Sultan Qaboos, after half a century in power. Qaboos’s Oman began as a highly…

Oil price drop piles more pressure on Iran's economy

Location:

IRAN

Iranian officials appear to have been caught off guard by the collapse in oil prices. The draft budget for the fiscal year 2015-16 (March-March) was presented to the legislature…

Russian sell-offs must be both lucrative and fair

Location:

RUSSIA

The government's resumption of state asset sales.