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1 – 10 of 44Inflation is a top challenge for the government, which targets 6.0-7.0% GDP growth in 2024, compared with 5.5% in 2023. GDP grew by 5.7% year-on-year in the January-March quarter…
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DOI: 10.1108/OXAN-DB287954
ISSN: 2633-304X
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Issues 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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His Modern Revolutionary Party (PRM) did similarly well, securing its largest-ever Senate majority and taking a majority in the Chamber of Deputies. Success was built on a strong…
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DOI: 10.1108/OXAN-DB287382
ISSN: 2633-304X
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The road-and-rail project, which could end up costing around USD30bn, would link deep-water ports on either side of the Kra Isthmus, in effect connecting the Andaman Sea and the…
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DOI: 10.1108/OXAN-DB285612
ISSN: 2633-304X
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The Economic Development Board (EDB), the country’s investment promotion agency, announced in March that its ‘golden licence’ scheme of incentives for local and foreign investors…
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DOI: 10.1108/OXAN-DB286570
ISSN: 2633-304X
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Albanian tourism is booming. The country has posted Europe’s strongest growth in terms of overnight stays (the EU average was 13%). More than 60% of bookings came from foreign…
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DOI: 10.1108/OXAN-DB282074
ISSN: 2633-304X
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However, because of the large surplus of 2.5% recorded in that year, Riyadh’s public debt is only about 25% of GDP, providing the government and the country’s sovereign wealth…
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DOI: 10.1108/OXAN-DB284692
ISSN: 2633-304X
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After the 2021-22 post-pandemic rebound, growth is stabilising at around 2%. Barring new external shocks, it is expected to remain at this level in the coming years. Improved…
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DOI: 10.1108/OXAN-DB284334
ISSN: 2633-304X
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The increases include the withdrawal of some tax breaks that had been available in special investment zones. The budget is aimed primarily at reining in the fiscal deficit, after…
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DOI: 10.1108/OXAN-DB274882
ISSN: 2633-304X
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Tourism and other customer-facing sectors are growing solidly even though above-target inflation is squeezing disposable incomes. However, strong services activity is keeping core…