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1 – 10 of 23However, 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…
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DOI: 10.1108/OXAN-DB285374
ISSN: 2633-304X
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Separately, the IMF’s Executive Board on March 20 approved a four-year, roughly USD3bn Extended Fund Facility for the country. The approval came around ten months after Sri Lanka…
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DOI: 10.1108/OXAN-DB278564
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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Russia's banking sector suffered a USD26bn loss in January-June. Russia is shut out of international capital markets and is almost exclusively reliant on domestic investors to…
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DOI: 10.1108/OXAN-DB272967
ISSN: 2633-304X
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This followed two days after Finance Minister Tito Mboweni’s Medium Term Budget Policy Statement (MTBPS), which offered an honest assessment of the steep deterioration in the…
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DOI: 10.1108/OXAN-DB247562
ISSN: 2633-304X
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The downturn reduced the market capitalisation of Russian blue-chip companies. High volatility in the financial markets disrupted the government's borrowing schedule and prompted…
Prospects for the global economy to end-2019.
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DOI: 10.1108/OXAN-DB244760
ISSN: 2633-304X
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This is forcing the region’s central banks to prioritise efforts to curb price pressures over policies to shore up growth. Central Europe’s currencies, particularly the…
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DOI: 10.1108/OXAN-DB268450
ISSN: 2633-304X
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The government nevertheless remains under pressure from domestic critics and external stakeholders because of dwindling foreign exchange (forex) reserves and a growing debt…
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DOI: 10.1108/OXAN-DB263250
ISSN: 2633-304X
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While the G20's new Common Framework for Debt Treatments provides a new mechanism for debt restructuring, it also requires Zambia to convince the IMF that it has disclosed all of…