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EGYPT: Markets will look beyond the elections
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DOI: 10.1108/OXAN-ES283927
ISSN: 2633-304X
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With Milei now predicting six months of stagflation and up to two years to reduce inflation from triple digits, dollarisation appears to have been shelved. Instead, he seems…
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DOI: 10.1108/OXAN-DB283767
ISSN: 2633-304X
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Meanwhile, the government is struggling with significant accumulated debt, including USD11.8bn that is scheduled to be repaid to the IMF over the next two years alone. The IMF…
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DOI: 10.1108/OXAN-DB282002
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB278564
ISSN: 2633-304X
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The underperformance of the oil sector, coupled with a recent fuel distribution crisis, have combined to dampen growth forecasts for 2019. While President Joao Lourenco’s…
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DOI: 10.1108/OXAN-DB244145
ISSN: 2633-304X
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Syriza's first days in office.
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DOI: 10.1108/OXAN-DB197451
ISSN: 2633-304X
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Malta is one of several EU member states recently involved in allegations of money laundering. Prime Minister Joseph Muscat is under pressure, not least in the European…
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DOI: 10.1108/OXAN-DB240357
ISSN: 2633-304X
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The reforms will allow the release of fresh funding for banks and a bridging loan to meet debt obligations to the IMF and ECB. A quarter of Syriza deputies rebelled, but…
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DOI: 10.1108/OXAN-DB201042
ISSN: 2633-304X
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Venezuela’s economic adjustment, announced on August 17 by President Nicolas Maduro, has met with international scepticism. There is little confidence that the redenomination of…
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DOI: 10.1108/OXAN-DB238014
ISSN: 2633-304X
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The outcome corresponds neither to the hopes of those who believed in a radical upgrading of relations between Russia and Greece, nor to the fears of those who had speculated that…