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1 – 10 of 15GDP growth slowed to 3.3% year-on-year in the first quarter. The slowdown was mainly due to the decline in exports, with Vietnam’s top export markets -- the United States, the EU…
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DOI: 10.1108/OXAN-DB279855
ISSN: 2633-304X
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Securing debt restructuring agreements is a key condition of the four-year, USD3bn Extended Fund Facility (EFF) programme which the IMF’s Executive Board approved in March…
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DOI: 10.1108/OXAN-DB280445
ISSN: 2633-304X
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Passage from speculative to investment grade (IG) would mark the end of the sovereign debt crisis besetting the country since 2009. The upgrade would lower government borrowing…
GREECE: Tsipras cannot please pro- and anti-marketeers
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DOI: 10.1108/OXAN-ES226268
ISSN: 2633-304X
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The move raises Hellenic Bank’s market share and considerably improves its asset quality, and followed an announcement by market leader Bank of Cyprus on August 28 that it had…
Sri Lanka’s foreign exchange (forex) reserves fell to USD1.6bn at end-November, enough to finance only about one month’s imports. Colombo has in recent years relied on…
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DOI: 10.1108/OXAN-DB266266
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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In July, a revised finance law was issued for 2020, as the impacts of policy responses to the pandemic rendered the original budget assumptions obsolete.
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DOI: 10.1108/OXAN-DB255214
ISSN: 2633-304X
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Sri Lanka’s finance ministry responded sharply, describing the move as “hasty” and “erroneous”. Colombo has recently borrowed from its regional partners Delhi and Beijing to help…
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DOI: 10.1108/OXAN-DB257154
ISSN: 2633-304X
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This is a crucial step for the government before year-end, together with long-term banking issues and slowing economic recovery. The European Commission has allowed Italy…