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In order to receive new IMF lending, the budget also introduces big gas price rises, and increases defence spending. Meanwhile, the hryvnia's disastrous February weakening…
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DOI: 10.1108/OXAN-DB198042
ISSN: 2633-304X
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Former Vice President Joe Biden will formally become the party’s presidential candidate for the November 3 election, joined by Senator Kamala Harris (California) as running mate…
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DOI: 10.1108/OXAN-DB254556
ISSN: 2633-304X
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A growing number of regions face insolvency, threatening national financial stability and requiring immediate solutions from central government. Regional indebtedness has…
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…
Russia's exclusion from international financial markets presents high risks to macroeconomic stability in the short and longer term. Sovereign rating downgrades to 'junk' indicate…
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DOI: 10.1108/OXAN-DB268127
ISSN: 2633-304X
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While international reserves are healthy, that portion held in sovereign wealth funds to support budgetary spending has been severely depleted by government drawdowns, and one of…
Prospects for Europe in the second quarter.
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DOI: 10.1108/OXAN-DB198200
ISSN: 2633-304X
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The muted impact on Central Europe’s financial markets of this month’s sharp declines in asset prices in Russia and Turkey.
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DOI: 10.1108/OXAN-DB232242
ISSN: 2633-304X
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Kazakhstan’s economy has weathered well the turbulences created by the war in Ukraine. A new context for the country’s traditional aspirations to balance and diversify economic…
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DOI: 10.1108/OXAN-DB280435
ISSN: 2633-304X
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Although the MNB has struck a more hawkish tone and has raised rates more sharply than expected -- the latest increase is the largest since 2008 -- it has a track record of…