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1 – 10 of 24Local governments’ fiscal positions have become increasingly untenable post-pandemic amid a property market downturn. Record numbers of local government financing vehicles (LGFVs…
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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JAPAN: Weak yen raises policy issue
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DOI: 10.1108/OXAN-ES280118
ISSN: 2633-304X
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He replaces Miftah Ismail, who played a key role in ensuring that Pakistan got its bailout programme with the IMF back on track after a hold-up. Dar faces a tough challenge to…
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DOI: 10.1108/OXAN-DB273131
ISSN: 2633-304X
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Laos’s critically low foreign exchange (forex) reserves, significant currency depreciation and high inflation are prompting many external observers to suggest that it could soon…
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DOI: 10.1108/OXAN-DB272363
ISSN: 2633-304X
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The programme was revived in August 2022 after a hold-up and extended to June 2023, but completion of the review linked to the latest tranche is now several months behind…
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DOI: 10.1108/OXAN-DB277906
ISSN: 2633-304X
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It also promoted Xi loyalists to the highest offices of the state bureaucracy. This completes the five-yearly leadership reshuffle that began with the Communist Party Congress…
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DOI: 10.1108/OXAN-DB276682
ISSN: 2633-304X
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As Australia seeks to manage slower demand from China and depressed commodities prices, Prime Minister Malcolm Turnbull has called a 'double dissolution' election for July 2…
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DOI: 10.1108/OXAN-DB211578
ISSN: 2633-304X
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The government nevertheless remains under pressure from domestic critics and external stakeholders because of dwindling foreign exchange (forex) reserves and a growing debt…
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DOI: 10.1108/OXAN-DB263250
ISSN: 2633-304X
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The move will have a significant immediate impact on the cost of capital in the offshore renminbi market. More importantly, it highlights the difficult balance being struck by…