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Islamabad now seeks a larger, longer-term bailout programme with the Fund. Finance Minister Muhammad Aurangzeb has suggested that a staff-level agreement on such a package could…
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DOI: 10.1108/OXAN-DB286930
ISSN: 2633-304X
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Local governments’ fiscal positions have become increasingly untenable post-pandemic amid a property market downturn. Record numbers of local government financing vehicles (LGFVs…
Issues such as soaring inflation, currency depreciation and debt repayment problems are having a major impact on the economy. The World Bank estimates that GDP grew by 3.7% in…
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DOI: 10.1108/OXAN-DB287447
ISSN: 2633-304X
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The entry into BRICS of Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates (UAE) -- all major importers of grain -- gives Russia an opportunity permanently to…
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DOI: 10.1108/OXAN-DB287099
ISSN: 2633-304X
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Both sides vowed to coordinate their responses to what they describe as a US-led policy ‘dual containment’ directed at Moscow and Beijing, strengthening the impression of a united…
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DOI: 10.1108/OXAN-DB287126
ISSN: 2633-304X
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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…