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The target is associated with reaching GDP of USD30tn, compared with less than USD4tn currently. Modi, in power since 2014, appears on course to win a third straight term.
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DOI: 10.1108/OXAN-DB287104
ISSN: 2633-304X
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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.
Speaking on the occasion, European Commission President Ursula von der Leyen said that, over the past 20 years, the promise of stability and prosperity has been fulfilled…
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DOI: 10.1108/OXAN-DB286920
ISSN: 2633-304X
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ARGENTINA: Inflation slows but recession will linger
The surpluses seen this year and last have proved an unexpected bonus for Labor and will enable a modest spending increase as the party prepares for the general election due by…
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DOI: 10.1108/OXAN-DB287122
ISSN: 2633-304X
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Their economic proposals are intended to impress voters but seem largely uncosted and risk generating unrealistic expectations of the winner. Polling points to a clear victory for…
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DOI: 10.1108/OXAN-DB287016
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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Faced with the diminution of foreign currency reserves, the government has taken steps to encourage exporters to repatriate the dollars they earn abroad and place them within the…
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DOI: 10.1108/OXAN-DB286561
ISSN: 2633-304X
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The two parties associated with him are currently in the minority in the unicameral legislature. Muizzu came to power after winning last year’s presidential race. He was a…
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DOI: 10.1108/OXAN-DB286430
ISSN: 2633-304X
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Pichai Chunhavajira, an experienced businessman who has held various important positions previously, was named as the new finance minister, taking over the role from the premier…