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The prospects for structural reform.
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DOI: 10.1108/OXAN-DB207630
ISSN: 2633-304X
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Lockdown measures have helped stem contagion but have had a devasting impact on the economy. Market liberalisation and debt renegotiation efforts place most of the burden of…
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DOI: 10.1108/OXAN-DB253510
ISSN: 2633-304X
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Geographic
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COVID-19 crisis.
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DOI: 10.1108/OXAN-DB251834
ISSN: 2633-304X
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The PA faces financial collapse and a leadership and security crisis. It provides education, health and other government services to the great majority of Palestinians and shares…
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DOI: 10.1108/OXAN-DB273287
ISSN: 2633-304X
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The president’s health troubles and prolonged absence have created a political crisis and fears of institutional instability. With the economy struggling amid declining oil…
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DOI: 10.1108/OXAN-DB243350
ISSN: 2633-304X
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In August, it asked the IMF for a USD1.75bn credit under the Extended Fund Facility. This will come on top of the USD504mn approved by the IMF for emergency financial assistance…
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DOI: 10.1108/OXAN-DB255001
ISSN: 2633-304X
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Lower spending and a contraction in the monetary base have helped reduce the gap between the official and informal exchange rates and devaluation expectations. The government also…
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DOI: 10.1108/OXAN-DB262544
ISSN: 2633-304X
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The re-opening comes despite an infection rate that is expected to peak only later this year.
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DOI: 10.1108/OXAN-DB252979
ISSN: 2633-304X
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The downward revisions come amid a recent debilitating fuel crisis, with state-owned oil company Sonangol unable to distribute fuel. In response, President Joao Lourenco on May 8…
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DOI: 10.1108/OXAN-DB243974
ISSN: 2633-304X
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The 2021 budget implies a significant fiscal adjustment, with the primary deficit falling from 7-8% of GDP in 2020 to 4.5% in 2021, mainly due to the end of the pandemic relief…