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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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Geographic
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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 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…
After implementing its anti-inflationary stabilisation programme in 1993, Croatia recorded stable and modest inflation rates. That changed in 2022, when inflation accelerated…
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DOI: 10.1108/OXAN-DB275035
ISSN: 2633-304X
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This seventh successive monthly increase takes the RBA’s benchmark cash rate to a nine-year high. With inflation now expected to exceed even the more recent RBA forecasts, further…
France had one of the lowest inflation rates in Europe in 2022, partly due to government policies designed to assist President Emmanuel Macron's re-election. However, core…
South Africa’s escalating power crisis has slashed its growth prospects, with the government making only slow progress on promised reforms and the president declaring a state of…
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DOI: 10.1108/OXAN-DB276446
ISSN: 2633-304X
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Given his low popularity, Bolsonaro adopted a series of measures to mitigate the effects of accelerating inflation, economic slowdown and increasing poverty. The objectives are…
Investment in infrastructure has offered opportunities for economic expansion despite shrinking exports, weak consumption, inflation and high interest rates. Romania’s positive…
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DOI: 10.1108/OXAN-DB275559
ISSN: 2633-304X
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Geographic
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Georgia's positive economic outlook.