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Budget data for the first ten months show revenue from value-added tax (VAT) exceeding the forecast by 22%. That could help narrow Poland’s 'VAT gap' -- the difference between…
However, there are question marks over his ability to deliver on the ambitious spending cuts needed as tax collection falls in a weak economy.
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DOI: 10.1108/OXAN-DB285317
ISSN: 2633-304X
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Prospects for euro-area to end-2020.
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DOI: 10.1108/OXAN-DB253203
ISSN: 2633-304X
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This seventh successive monthly increase takes the RBA’s benchmark cash rate to a nine-year high. With inflation now expected to exceed even the more recent RBA forecasts, further…
The TCMB has responded quickly to a new wave of lira volatility ahead of local elections, forcing banks to borrow at the overnight rate of 25.5% instead of the 24.0% policy rate…
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DOI: 10.1108/OXAN-DB242769
ISSN: 2633-304X
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Economic policy to 2019.
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DOI: 10.1108/OXAN-DB220668
ISSN: 2633-304X
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The Orban government, under the slogan of increased efficiency, has established 34 public-interest trust foundations and outsourced almost the whole of the higher education sector…
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DOI: 10.1108/OXAN-DB262042
ISSN: 2633-304X
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The lira’s collapse has only fortified President Recep Tayyip Erdogan’s adherence to unorthodox low-interest-rate policies. Rather than changing course, Erdogan has publicly…
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DOI: 10.1108/OXAN-DB266151
ISSN: 2633-304X
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Amid an ongoing constitutional crisis, the Law and Justice (PiS) government, which was sworn into office on November 16, has been busy revising fiscal targets and agreeing draft…
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DOI: 10.1108/OXAN-DB207502
ISSN: 2633-304X
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This follows May’s federal election. The coalition will still depend on independents’ support in the Senate.