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1 – 10 of 44Islamabad 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…
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DOI: 10.1108/OXAN-DB286930
ISSN: 2633-304X
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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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Sri Lanka must attend to debt restructuring as part of its four-year, USD3bn bailout programme with the Fund. The Fund’s Executive Board approved the bailout in March, roughly ten…
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DOI: 10.1108/OXAN-DB279489
ISSN: 2633-304X
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Securing debt restructuring agreements is a key condition of the four-year, USD3bn Extended Fund Facility (EFF) programme which the IMF’s Executive Board approved in March…
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DOI: 10.1108/OXAN-DB280445
ISSN: 2633-304X
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POLAND: October elections will drive budget plans
Central-East European (CEE) economies grow faster than most in good times but are more vulnerable in bad times, lacking the political and financial capital and competences to…
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DOI: 10.1108/OXAN-DB274456
ISSN: 2633-304X
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UK policy has become the key example of policy failure. Although that mayhem stems largely from domestic vulnerabilities, the underlying problems -- policymakers’ efforts to…
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DOI: 10.1108/OXAN-DB273459
ISSN: 2633-304X
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The severe drought’s impact on export earnings has fuelled fears of devaluation, increasing exchange pressures and forcing the government to implement further domestic debt swaps…
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DOI: 10.1108/OXAN-DB278451
ISSN: 2633-304X
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The economy’s performance has been aided by strong fiscal support, less exposure to high international energy prices and a resilient services sector. Headline inflation fell…