Search results
1 – 10 of 77Inflation is a top challenge for the government, which targets 6.0-7.0% GDP growth in 2024, compared with 5.5% in 2023. GDP grew by 5.7% year-on-year in the January-March quarter…
Details
DOI: 10.1108/OXAN-DB287954
ISSN: 2633-304X
Keywords
Geographic
Topical
Pichai Chunhavajira, an experienced businessman who has held various important positions previously, was named as the new finance minister, taking over the role from the premier…
Details
DOI: 10.1108/OXAN-DB286823
ISSN: 2633-304X
Keywords
Geographic
Topical
Issues such as soaring inflation, currency depreciation and debt repayment problems are having a major impact on the economy. The World Bank estimates that GDP grew by 3.7% in…
Details
DOI: 10.1108/OXAN-DB287447
ISSN: 2633-304X
Keywords
Geographic
Topical
A key driving factor was soaring government consumption ahead of the February general election, which included the race to succeed Joko ‘Jokowi’ Widodo as president, won by…
Details
DOI: 10.1108/OXAN-DB287205
ISSN: 2633-304X
Keywords
Geographic
Topical
However, there are question marks over his ability to deliver on the ambitious spending cuts needed as tax collection falls in a weak economy.
Details
DOI: 10.1108/OXAN-DB285317
ISSN: 2633-304X
Keywords
Geographic
Topical
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…
Details
DOI: 10.1108/OXAN-DB285374
ISSN: 2633-304X
Keywords
Geographic
Topical
Record levels of defence spending have led to surging demand for inputs used to manufacture military equipment, driving up output across various sectors. However, evidence of…
Details
DOI: 10.1108/OXAN-DB285498
ISSN: 2633-304X
Keywords
Geographic
Topical
The unexpected decision adds significant momentum to Central Europe’s monetary easing campaign, which began in May when Hungary’s National Bank (MNB) reduced its benchmark rate…
Details
DOI: 10.1108/OXAN-DB282310
ISSN: 2633-304X
Keywords
Geographic
Topical
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…
Details
DOI: 10.1108/OXAN-DB282874
ISSN: 2633-304X
Keywords
Geographic
Topical
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…