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1 – 10 of 173The primary surplus (0.6% of GDP) was driven by a 35% real fall in primary spending, which offset a recession-induced 4.5% drop in revenues. Month-on-month inflation has also…
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DOI: 10.1108/OXAN-DB286714
ISSN: 2633-304X
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RUSSIA: Federal budget revenues keep growing
Yet this follows a government directive that the company cancel increases in its maximum sustainable capacity (MSC) of crude oil production from 12 million barrels per day (b/d…
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DOI: 10.1108/OXAN-DB285954
ISSN: 2633-304X
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The deal builds on the recent ten-year agreement on maritime defence cooperation. Somalia is believed to have significant onshore and offshore oil and gas potential. However…
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DOI: 10.1108/OXAN-DB286121
ISSN: 2633-304X
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ARGENTINA: Provincial conflicts will heighten risks
The budget is geared towards boosting living standards ahead of the presidential elections towards the end of the year, in which President Abdelmadjid Tebboune will most likely…
However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…
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DOI: 10.1108/OXAN-DB285374
ISSN: 2633-304X
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The IMF has revised downwards its forecast for Saudi GDP growth in 2024 to 2.7% but raised its 2025 forecast to 5.5%. This reflects a positive medium-term outlook for the Gulf…
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DOI: 10.1108/OXAN-DB285518
ISSN: 2633-304X
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The IMF recently recommended structural reforms to bolster the economy, which has struggled to recover from the impact of the COVID-19 pandemic. Brunei has long been reliant on…
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DOI: 10.1108/OXAN-DB284691
ISSN: 2633-304X
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Geographic
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Astana's aspirations to reach 2 million b/d have been set back by difficulties in raising output at major fields. Government efforts to diversify the economy away from…