Search results
1 – 10 of 196The discoveries of a new oil field in the country’s south-east and a gas field in the Black Sea have boosted domestic production, although self-sufficiency is still a remote…
Details
DOI: 10.1108/OXAN-DB289409
ISSN: 2633-304X
Keywords
Geographic
Topical
His victory, which was widely expected within Algeria and abroad, represents the final defeat of the Hirak protest movement's call for structural change. Tebboune's first term was…
The deterioration in regional finances is driven by falling incomes in oil-producing regions and higher spending by regional governments. Economic activity is recovering after…
The primary surplus (0.6% of GDP) was driven by a 35% real fall in primary spending, which offset a recession-induced 4.5% drop in revenues. Month-on-month inflation has also…
Details
DOI: 10.1108/OXAN-DB286714
ISSN: 2633-304X
Keywords
Geographic
Topical
Faced with the diminution of foreign currency reserves, the government has taken steps to encourage exporters to repatriate the dollars they earn abroad and place them within the…
Details
DOI: 10.1108/OXAN-DB286561
ISSN: 2633-304X
Keywords
Geographic
Topical
RUSSIA: Federal budget revenues keep growing
The region has nonetheless seen waves of protests and some inter-communal clashes and terrorism over the past decade and more. Moreover, there are strong grievances in the south…
However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…
Details
DOI: 10.1108/OXAN-DB285374
ISSN: 2633-304X
Keywords
Geographic
Topical
The IMF has revised downwards its forecast for Saudi GDP growth in 2024 to 2.7% but raised its 2025 forecast to 5.5%. This reflects a positive medium-term outlook for the Gulf…
Details
DOI: 10.1108/OXAN-DB285518
ISSN: 2633-304X
Keywords
Geographic
Topical
Yet this follows a government directive that the company cancel increases in its maximum sustainable capacity (MSC) of crude oil production from 12 million barrels per day (b/d…