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1 – 10 of 504Issues such as soaring inflation, currency depreciation and debt repayment problems are having a major impact on the economy. The World Bank estimates that GDP grew by 3.7% in…
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DOI: 10.1108/OXAN-DB287447
ISSN: 2633-304X
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Local governments’ fiscal positions have become increasingly untenable post-pandemic amid a property market downturn. Record numbers of local government financing vehicles (LGFVs…
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.
Islamabad now seeks a larger, longer-term bailout programme with the Fund. Finance Minister Muhammad Aurangzeb has suggested that a staff-level agreement on such a package could…
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DOI: 10.1108/OXAN-DB286930
ISSN: 2633-304X
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After redeeming much of its USD2bn Eurobond in February, the government has effectively dispelled fears of a default. Nevertheless, it remains under pressure to consolidate public…
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DOI: 10.1108/OXAN-DB286934
ISSN: 2633-304X
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A key driving factor was soaring government consumption ahead of the February general election, which included the race to succeed Joko ‘Jokowi’ Widodo as president, won by…
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DOI: 10.1108/OXAN-DB287205
ISSN: 2633-304X
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President Nayib Bukele is highly popular, having implemented hard-line security policies that have reduced murder rates dramatically. He was re-elected in February by a landslide…
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DOI: 10.1108/OXAN-DB286620
ISSN: 2633-304X
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Addis Ababa must reach an agreement with the IMF to honour its commitments under its debt-service suspension agreement with official creditors. Thereafter, further talks will be…
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DOI: 10.1108/OXAN-DB286657
ISSN: 2633-304X
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TUNISIA: Youth unemployment will boost social risks
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DOI: 10.1108/OXAN-ES285281
ISSN: 2633-304X
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TUNISIA: Bank move will damage the private sector