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Nevertheless, for the first time since the war broke out, the central bank has presented a monetary policy strategy and the finance ministry a budget.
This is up from nearly 19 million people in 2023. The crisis has worsened in recent weeks with major food and cost-of-living protests erupting across several states, as well as…
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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ARGENTINA: Inflation hits 2023 high with worse to come
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DOI: 10.1108/OXAN-ES284023
ISSN: 2633-304X
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BRAZIL: Soaring trade surplus will not be repeated
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DOI: 10.1108/OXAN-ES284316
ISSN: 2633-304X
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The new agreement envisages a primary surplus of 2% of GDP, a zero general deficit and reserves accumulation of USD10bn; it includes no new funding. However, the widening gap…
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DOI: 10.1108/OXAN-DB284724
ISSN: 2633-304X
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BRAZIL: Economic needs will bring conflicting demands
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DOI: 10.1108/OXAN-ES284051
ISSN: 2633-304X
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The economy has recovered somewhat from the one-third contraction in 2022 caused by Russia's invasion. Government spending, mainly on defence, dominates but agriculture has…
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DOI: 10.1108/OXAN-DB283880
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
Keywords
Geographic
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BRAZIL: Slower growth will persist into 2024