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1 – 10 of 18Its actions included floating the currency, which triggered a major devaluation, and a 600-basis point increase in its benchmark interest rate to 27.75%. Meanwhile, the government…
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DOI: 10.1108/OXAN-DB285730
ISSN: 2633-304X
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After the 2021-22 post-pandemic rebound, growth is stabilising at around 2%. Barring new external shocks, it is expected to remain at this level in the coming years. Improved…
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DOI: 10.1108/OXAN-DB284334
ISSN: 2633-304X
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The economy has recovered somewhat from the one-third contraction in 2022 caused by Russia's invasion. Government spending, mainly on defence, dominates but agriculture has…
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DOI: 10.1108/OXAN-DB283880
ISSN: 2633-304X
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The MNB’s decision marks the first effective decrease in borrowing costs in Hungary in three years, firing the starting gun on looser monetary policy in Central European (CE…
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DOI: 10.1108/OXAN-DB279532
ISSN: 2633-304X
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LEBANON: Beirut will win little aid to address crises
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DOI: 10.1108/OXAN-ES257840
ISSN: 2633-304X
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However, China’s insistence on negotiating debt relief bilaterally and on a loan-by-loan basis will delay efforts to reschedule borrowing, jeopardising Angola’s debt…
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DOI: 10.1108/OXAN-DB257502
ISSN: 2633-304X
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Despite a series of IMF programmes since 1989, public sector debt levels have climbed to worrying heights, driven by deficits on both fiscal and current account accounts. Jordan’s…
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DOI: 10.1108/OXAN-DB270291
ISSN: 2633-304X
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British Airways stopped selling tickets in Egyptian pounds because it could not convert earnings into dollars. At end of February, Egypt's foreign reserves stood 16.53 billion…
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DOI: 10.1108/OXAN-DB209785
ISSN: 2633-304X
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IRAN: IMF will likely refuse 5-billion-dollar request
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DOI: 10.1108/OXAN-ES251300
ISSN: 2633-304X
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Moldova's weak economy is currently embroiled in the midst of a banking crisis which has seen 1 billion dollars go missing from three of the nation's biggest banks. In total, this…