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1 – 4 of 4These payments come shortly after the ministry placed a 725-million-dollar, six-month Eurobond with private investors. The government seems to have had no alternative to this…
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DOI: 10.1108/OXAN-DB238218
ISSN: 2633-304X
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While international reserves are healthy, that portion held in sovereign wealth funds to support budgetary spending has been severely depleted by government drawdowns, and one of…
Russian management of external risks.
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DOI: 10.1108/OXAN-DB246422
ISSN: 2633-304X
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Geographic
Topical
The projected fiscal deficit of 3.5% of GDP assumes a forecast 2.1% economic contraction this year. The authorities have used their ample fiscal space and large sovereign wealth…