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1 – 10 of 48The 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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Various interest groups, including the private sector, political actors and civil society organisations, are likely to put pressure on the government to reduce its revenue targets…
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DOI: 10.1108/OXAN-DB273323
ISSN: 2633-304X
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Sultan Hassanal Bolkiah, one of the world’s few remaining absolute monarchs, faces a tough challenge to turn around the pandemic-hit economy. Brunei is struggling to make up for…
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DOI: 10.1108/OXAN-DB274971
ISSN: 2633-304X
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International relations may provide some respite. Recent visits by President Miguel Diaz-Canel to Algiers, Moscow, Istanbul and Beijing prompted several gestures that should ease…
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DOI: 10.1108/OXAN-DB275402
ISSN: 2633-304X
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In June, he stopped over in the UAE on his return from the G7 summit in Germany, where he was a guest. India’s Gulf ties have recently encountered turbulence because of comments…
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DOI: 10.1108/OXAN-DB271724
ISSN: 2633-304X
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Baghdad and Erbil are currently negotiating a new budget agreement covering oil revenue and fiscal transfers, which could provide immediate relief. However, internal divisions are…
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DOI: 10.1108/OXAN-DB253627
ISSN: 2633-304X
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This is close to the ceiling of the target band of 2.25-5.25% set for this year. In response, the Central Bank last week raised its benchmark interest rate from a record low of…
KUWAIT/IRAQ/UAE: OPEC+ plans may see pushback
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DOI: 10.1108/OXAN-ES257235
ISSN: 2633-304X
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Indian nationals are struggling to maintain jobs in the Middle East as GCC states contend with historically low oil prices as well as the economic fallout of the pandemic. Gulf…
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DOI: 10.1108/OXAN-DB253134
ISSN: 2633-304X
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Sri Lanka’s foreign exchange (forex) reserves fell to USD1.6bn at end-November, enough to finance only about one month’s imports. Colombo has in recent years relied on…