Search results
1 – 10 of 97Islamabad now seeks a larger, longer-term bailout programme with the Fund. Finance Minister Muhammad Aurangzeb has suggested that a staff-level agreement on such a package could…
Details
DOI: 10.1108/OXAN-DB286930
ISSN: 2633-304X
Keywords
Geographic
Topical
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…
Details
DOI: 10.1108/OXAN-DB284267
ISSN: 2633-304X
Keywords
Geographic
Topical
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…
Details
DOI: 10.1108/OXAN-DB284724
ISSN: 2633-304X
Keywords
Geographic
Topical
The municipal elections are also an opportunity for President Recep Tayyip Erdogan to solidify his rule further by winning back the cities he lost in 2019. The adoption of more…
Details
DOI: 10.1108/OXAN-DB283584
ISSN: 2633-304X
Keywords
Geographic
Topical
With Milei now predicting six months of stagflation and up to two years to reduce inflation from triple digits, dollarisation appears to have been shelved. Instead, he seems…
Details
DOI: 10.1108/OXAN-DB283767
ISSN: 2633-304X
Keywords
Geographic
Topical
The Denkov administration that took office in June has set adopting the euro as a top priority, and blames the previous interim government for Bulgaria’s unpreparedness to join…
Details
DOI: 10.1108/OXAN-DB283145
ISSN: 2633-304X
Keywords
Geographic
Topical
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…
Details
DOI: 10.1108/OXAN-DB283523
ISSN: 2633-304X
Keywords
Geographic
Topical
According to a debt sustainability analysis published by the IMF in May, Laos is in debt distress. Years of rapid growth in borrowing to fund infrastructure development…
Details
DOI: 10.1108/OXAN-DB280381
ISSN: 2633-304X
Keywords
Geographic
Topical
At the same time, private businesses have been allowed to import as never before. New privately owned shops caters to those with hard currency, but for most people the economic…
Details
DOI: 10.1108/OXAN-DB281234
ISSN: 2633-304X
Keywords
Geographic
Topical
This period was marked by two dramatic policy moves: the removal of a costly fuel subsidy and a major devaluation of the naira. Both moves are crucial for reforming Nigeria’s…