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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.
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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Geographic
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It is only an interim budget because a general election is set to take place soon, most likely in April-May. The budget surprised many observers because of its lack of…
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DOI: 10.1108/OXAN-DB285189
ISSN: 2633-304X
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Meanwhile, the government and the Reserve Bank of India (RBI) both expect 6.5% GDP growth in the fiscal year ending March 2024, which would put the country among the top economic…
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DOI: 10.1108/OXAN-DB283429
ISSN: 2633-304X
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Critics say the move weakens the Bangladesh Election Commission (EC). The next general election will likely take place in January. The ruling Awami League (AL) continues to reject…
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DOI: 10.1108/OXAN-DB280323
ISSN: 2633-304X
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Meanwhile, the country will be aiming to keep up its status as one of the fastest-growing economies. In September, Delhi’s Pragati Maidan complex will be the venue for the…
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DOI: 10.1108/OXAN-DB279930
ISSN: 2633-304X
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Among several factors, voters are disillusioned over persistent inflationary pressures and rising interest rates. The government’s image has also been damaged by its handling of a…
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DOI: 10.1108/OXAN-DB278409
ISSN: 2633-304X
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Local investors have used Turkey’s stock market as a hedge against the country’s runaway inflation and government attempts to 'lira-ise' the economy. The market's strong…
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DOI: 10.1108/OXAN-DB275691
ISSN: 2633-304X
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Prospects for India in 2023.
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DOI: 10.1108/OXAN-DB274117
ISSN: 2633-304X
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Christodoulides is taking charge at a time of high political volatility. Though he is from the ruling Democratic Rally (DISY), he was not DISY's candidate, won with the support of…