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ARGENTINA: Government will face an uncertain outlook
The move followed a sweeping decree issued on December 20 to reform or eliminate some 300 laws governing economic, labour and social issues, and which has already prompted…
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DOI: 10.1108/OXAN-DB284267
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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After the government issued regulations to curb property developer borrowing in 2020, developers suffered a liquidity crisis and struggled to deliver pre-sold homes. Consumers…
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DOI: 10.1108/OXAN-DB282705
ISSN: 2633-304X
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Bond markets have responded positively to Milei’s victory, followed by the announcement that he would re-privatise state oil company YPF and other companies, but domestic exchange…
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DOI: 10.1108/OXAN-DB283523
ISSN: 2633-304X
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This aims to lower repayment obligations, reducing interest on the loans from 21.5% to 9.0% with a three-year repayment moratorium. It also looks to increase transparency over…
BULGARIA: New government will relaunch reforms
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DOI: 10.1108/OXAN-ES279614
ISSN: 2633-304X
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LLA has capitalised on growing discontent with politics after over a decade of economic stagnation, high inflation and increasing poverty. Milei’s discourse against what he calls…
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DOI: 10.1108/OXAN-DB279171
ISSN: 2633-304X
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GDP growth slowed to 3.3% year-on-year in the first quarter. The slowdown was mainly due to the decline in exports, with Vietnam’s top export markets -- the United States, the EU…
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DOI: 10.1108/OXAN-DB279855
ISSN: 2633-304X
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The staff-level agreement on the package was announced on June 29, the day before an Extended Fund Facility (EFF) arrangement which Pakistan had with the IMF expired with around…