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RUSSIA: Budget deficit will be larger than planned
SAUDI ARABIA: Aramco IPO aids investment drive
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DOI: 10.1108/OXAN-ES287368
ISSN: 2633-304X
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Geographic
Topical
GULF STATES: Growth will strengthen in 2024
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DOI: 10.1108/OXAN-ES287348
ISSN: 2633-304X
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Geographic
Topical
The budget deficit is increasing markedly and will probably top 6% of GDP in 2024 -- the highest level since the late 1980s -- while economic growth remains in the 2-3% range.
Their economic proposals are intended to impress voters but seem largely uncosted and risk generating unrealistic expectations of the winner. Polling points to a clear victory for…
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DOI: 10.1108/OXAN-DB287016
ISSN: 2633-304X
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Geographic
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The Kurdistan Regional Government (KRG) emphasised it had sent the federal finance ministry a promised full list of employees on April 21; however, Baghdad sources said…
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DOI: 10.1108/OXAN-DB286904
ISSN: 2633-304X
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Geographic
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The primary surplus (0.6% of GDP) was driven by a 35% real fall in primary spending, which offset a recession-induced 4.5% drop in revenues. Month-on-month inflation has also…
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DOI: 10.1108/OXAN-DB286714
ISSN: 2633-304X
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Geographic
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These difficulties have arisen despite the sharp rise in oil output to nearly 143 million barrels last year, from which the government received some USD1.6bn in revenues. Oil…
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DOI: 10.1108/OXAN-DB286685
ISSN: 2633-304X
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Geographic
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Russia and Ukraine have struck each other’s energy infrastructure, with Moscow inflicting the most damage
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DOI: 10.1108/OXAN-GA286596
ISSN: 2633-304X
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Geographic
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Previously, in January, the energy ministry announced it was offering three new oil and gas concessions. Muscat wants to engage private companies in efforts to unearth fresh…