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However, there are question marks over his ability to deliver on the ambitious spending cuts needed as tax collection falls in a weak economy.
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DOI: 10.1108/OXAN-DB285317
ISSN: 2633-304X
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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 reconfiguration had been expected for months. Anwar is counting on it to help improve governing capacity and strengthen his relations with political allies. A key partner in…
Development plans define what constitutes mainstream social and economic policy in Ankara. This plan lays out the intentions of President Recep Tayyip Erdogan’s Justice and…
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DOI: 10.1108/OXAN-DB284127
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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The fall appears linked to public discontent over elevated inflation, which has clouded the country's economic outlook. Meanwhile, the government is moving slower than it…
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DOI: 10.1108/OXAN-DB282874
ISSN: 2633-304X
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The next general election is expected in January. The health of BNP leader Khaleda Zia, under house arrest, is reportedly deteriorating seriously. Separately, the United States…
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DOI: 10.1108/OXAN-DB282806
ISSN: 2633-304X
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The IMF forecast assumes UK interest rates peak at 6.0% (from 5.25% currently), and linger at 4.0-4.25% through to 2028. The IMF’s forecasts are similar to those of the Bank of…
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DOI: 10.1108/OXAN-DB282782
ISSN: 2633-304X
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Only India and China have higher projections. Indonesia recorded GDP growth of just over 5% year-on-year in January-March, with robust consumer and government spending helping to…
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DOI: 10.1108/OXAN-DB279723
ISSN: 2633-304X
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The decision reflects doubts over Finance Minister Bruno Le Maire's four-year plan to “chill” state spending and reduce France's accumulated debt from 111.6% of GDP to 108.3% by…