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PAKISTAN: Budget will help push for IMF deal
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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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…
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DOI: 10.1108/OXAN-DB286823
ISSN: 2633-304X
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Although its investments in Africa have attracted considerable attention, the vast majority of China's OFDI has gone to Asia, principally Hong Kong and a few financial centres…
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DOI: 10.1108/OXAN-DB287237
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 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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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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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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The final phase will be on June 1. The National Democratic Alliance (NDA), led by Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP), aims to secure a third successive…
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DOI: 10.1108/OXAN-DB286538
ISSN: 2633-304X
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The GDP growth target of 5% and the urban job creation target of 12 million are unchanged from last year, but harder to achieve as the post-pandemic rebound fades and large-scale…