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1 – 10 of 224Issues such as soaring inflation, currency depreciation and debt repayment problems are having a major impact on the economy. The World Bank estimates that GDP grew by 3.7% in…
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DOI: 10.1108/OXAN-DB287447
ISSN: 2633-304X
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Local governments’ fiscal positions have become increasingly untenable post-pandemic amid a property market downturn. Record numbers of local government financing vehicles (LGFVs…
Islamabad 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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Specifically, China would enhance infrastructural and institutional mechanisms for cross-border transfers, as well as boost the currency’s role in driving the real economy and…
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DOI: 10.1108/OXAN-DB285412
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 theme it has chosen for its chairmanship is ‘enhancing connectivity and resilience’. The reference to ‘resilience’ is apt, as Laos is attempting to manage severe economic…
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DOI: 10.1108/OXAN-DB284173
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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CHINA: Looser policy will bring limited economic gains
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…
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DOI: 10.1108/OXAN-DB283523
ISSN: 2633-304X
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The size of the rate hike attests to the CBR’s determination to tame domestic price rises at all costs, even though this is likely to restrict credit growth and dampen output. The…