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RUSSIA: Defence spending is budgetary winner
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…
Concern about the need to preserve one of the SWFs to support the pension system is probably a major reason behind the rejection. The Ministry of Economic Development had already…
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DOI: 10.1108/OXAN-DB200072
ISSN: 2633-304X
Keywords
Geographic
Topical
Russia's economic performance.
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DOI: 10.1108/OXAN-DB242125
ISSN: 2633-304X
Keywords
Geographic
Topical
Russian management of external risks.
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DOI: 10.1108/OXAN-DB246422
ISSN: 2633-304X
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Geographic
Topical
The projected fiscal deficit of 3.5% of GDP assumes a forecast 2.1% economic contraction this year. The authorities have used their ample fiscal space and large sovereign wealth…
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DOI: 10.1108/OXAN-DB257376
ISSN: 2633-304X
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Geographic
Topical
Sberbank transfer.
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DOI: 10.1108/OXAN-DB251242
ISSN: 2633-304X
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Geographic
Topical
If two-thirds of creditors agree to the scheme by a July 13 meeting, the government will exchange IBA debt for sovereign loans but it has made it clear it does not bear…
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DOI: 10.1108/OXAN-DB221128
ISSN: 2633-304X
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Geographic
Topical
KAZAKHSTAN: Government will fight wealth fund freezes
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DOI: 10.1108/OXAN-ES227996
ISSN: 2633-304X
Keywords
Geographic
Topical
Falling oil prices have the potential to cause further political instability and to strain Kazakhstan's energy-dependent finances. On January 16 Astana announced that it was…