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The budget deficit is increasing markedly and will probably top 6% of GDP in 2024 -- the highest level since the late 1980s -- while economic growth remains in the 2-3% range.
The economy nevertheless still saw growth of 9.8% year-on-year, underpinned largely by the transportation and communications, commerce, construction and manufacturing sectors…
Prospects for Brazil in 2016.
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DOI: 10.1108/OXAN-DB206558
ISSN: 2633-304X
Keywords
Geographic
Topical
Canada's economic outlook.
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DOI: 10.1108/OXAN-DB207583
ISSN: 2633-304X
Keywords
Geographic
Topical
The slump was caused by low oil prices and left a legacy of higher debt and banking fragility. The slowdown pushed the government into reviewing the fiscal framework and placing…
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DOI: 10.1108/OXAN-DB243281
ISSN: 2633-304X
Keywords
Geographic
Topical
The KRG has had difficulty making payments to IOCs owing to a serious shortfall in fiscal revenue in 2014-15, the result of disputes with Baghdad and falling oil prices. Salaries…
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DOI: 10.1108/OXAN-DB207699
ISSN: 2633-304X
Keywords
Geographic
Topical
Prospects for the global economy to end-2016.
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DOI: 10.1108/OXAN-DB211416
ISSN: 2633-304X
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Geographic
Topical
After three difficult years, the United Arab Emirates (UAE) real estate market appears to be finding a floor, with several property consultancies and management firms cautiously…
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DOI: 10.1108/OXAN-DB238309
ISSN: 2633-304X
Keywords
Geographic
Topical
Negative trends in Azerbaijan's economy.
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DOI: 10.1108/OXAN-DB210338
ISSN: 2633-304X
Keywords
Geographic
Topical
The 2015 budget statement from the Ministry of Finance provides a glimpse into the government's fiscal policy response to the fall. Saudi Arabia opted not to try to stem the slide…