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Nevertheless, for the first time since the war broke out, the central bank has presented a monetary policy strategy and the finance ministry a budget.
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…
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DOI: 10.1108/OXAN-DB285374
ISSN: 2633-304X
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Geographic
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The IMF recently recommended structural reforms to bolster the economy, which has struggled to recover from the impact of the COVID-19 pandemic. Brunei has long been reliant on…
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DOI: 10.1108/OXAN-DB284691
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB285498
ISSN: 2633-304X
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Geographic
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Meanwhile, the government and the Reserve Bank of India (RBI) both expect 6.5% GDP growth in the fiscal year ending March 2024, which would put the country among the top economic…
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DOI: 10.1108/OXAN-DB283429
ISSN: 2633-304X
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Meanwhile, the country will be aiming to keep up its status as one of the fastest-growing economies. In September, Delhi’s Pragati Maidan complex will be the venue for the…
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DOI: 10.1108/OXAN-DB279930
ISSN: 2633-304X
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RUSSIA: Tough choices loom over budget shortfalls
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DOI: 10.1108/OXAN-ES279856
ISSN: 2633-304X
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Geographic
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KAZAKHSTAN: Social unrest diverts policy from IMF path
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DOI: 10.1108/OXAN-ES279825
ISSN: 2633-304X
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Despite recent economic stabilisation, future growth prospects are severely limited owing to Russia’s international isolation. A prolonged war in Ukraine would threaten the…
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DOI: 10.1108/OXAN-DB279750
ISSN: 2633-304X
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Various interest groups, including the private sector, political actors and civil society organisations, are likely to put pressure on the government to reduce its revenue targets…