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PANAMA: Mulino will inherit myriad challenges
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DOI: 10.1108/OXAN-ES286880
ISSN: 2633-304X
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Mulino assumed the candidacy late in the race, after former President Ricardo Martinelli (2009-14) was disqualified over a corruption conviction. The new president will face…
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DOI: 10.1108/OXAN-DB286964
ISSN: 2633-304X
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The government is highly dependent on steady GDP growth to meet its pledges on deficit-reduction and tax cuts. It was forced to implement EUR10bn (USD10.7bn) in emergency cuts in…
The budget deficit is increasing markedly and will probably top 6% of GDP in 2024 -- the highest level since the late 1980s -- while economic growth remains in the 2-3% range.
A key driving factor was soaring government consumption ahead of the February general election, which included the race to succeed Joko ‘Jokowi’ Widodo as president, won by…
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DOI: 10.1108/OXAN-DB287205
ISSN: 2633-304X
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The unprecedented move is the first rift since the two countries peacefully parted more than three decades ago. It came soon after the Visegrad Four (V4) of Czechia, Hungary…
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DOI: 10.1108/OXAN-DB286274
ISSN: 2633-304X
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The two parties associated with him are currently in the minority in the unicameral legislature. Muizzu came to power after winning last year’s presidential race. He was a…
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DOI: 10.1108/OXAN-DB286430
ISSN: 2633-304X
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According to the constitution, the poll must take place in September-October. The JVP was formed as a Marxist-Leninist party. Recent opinion polling suggests Dissanayake would be…
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DOI: 10.1108/OXAN-DB286768
ISSN: 2633-304X
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The budget keeps the deficit just inside prescribed limits despite an increase in new spending, by stepping up measures to boost revenue. Initiatives designed to target the…
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DOI: 10.1108/OXAN-DB286531
ISSN: 2633-304X
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However, there are signs that political cooperation is beginning to crumble, which will reduce the pace of reform. A National Assembly vote later this month on the government’s…