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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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He was speaking at the signing ceremony for the first USD845mn grant bolstering the national budget, under a new agreement signed this year. The Gaza war has exacerbated concerns…
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DOI: 10.1108/OXAN-DB283977
ISSN: 2633-304X
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Like other fuel-importing countries in the Middle East and North Africa (MENA), it has large structural fiscal and current account deficits. These have resulted in climbing…
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DOI: 10.1108/OXAN-DB282177
ISSN: 2633-304X
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The staff-level agreement on the package was announced on June 29, the day before an Extended Fund Facility (EFF) arrangement which Pakistan had with the IMF expired with around…
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DOI: 10.1108/OXAN-DB280730
ISSN: 2633-304X
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BANGLADESH: Dhaka faces tough balancing act on economy
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DOI: 10.1108/OXAN-ES271969
ISSN: 2633-304X
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He replaces Miftah Ismail, who played a key role in ensuring that Pakistan got its bailout programme with the IMF back on track after a hold-up. Dar faces a tough challenge to…
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DOI: 10.1108/OXAN-DB273131
ISSN: 2633-304X
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Prospects for Pakistan in 2023.
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DOI: 10.1108/OXAN-DB273993
ISSN: 2633-304X
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HUNGARY: Interest-rate cap will frustrate MNB policy
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DOI: 10.1108/OXAN-ES274228
ISSN: 2633-304X
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EGYPT: Currency faces further devaluation imminently
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DOI: 10.1108/OXAN-ES274920
ISSN: 2633-304X
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The kingdom has raised the long-standing ‘sustainable development fee’ (SDF) for visitors from most countries to USD200 per night from USD65. It hopes that tourism revenue can…