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1 – 10 of 17Soon after taking office, President Mauricio Macri announced a "rain of new investments" from foreign companies attracted by the business-friendly tone set by his administration…
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DOI: 10.1108/OXAN-DB212198
ISSN: 2633-304X
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Days before this announcement, the government asked Congress to approve a primary deficit of up to 96.65 billion reais (some 1.5% of GDP) for this year. The sharp deterioration in…
This is close to the ceiling of the target band of 2.25-5.25% set for this year. In response, the Central Bank last week raised its benchmark interest rate from a record low of…
The bill forecasts a fall in the primary deficit next year, mainly due to an expected drop in COVID-19-related welfare payments. The government also aims to boost public works to…
Poland faces an uncertain second quarter, the economy having slowed to its lowest point since late 2012. Questions are being raised over the outlook for interest rates under new…
This was widely anticipated after the consumer price inflation (CPI) rate accelerated to 3.0% year-on-year in March from 2.7% in February. The CNB hinted that inflation could…
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DOI: 10.1108/OXAN-DB243684
ISSN: 2633-304X
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It includes large federal stimulus spending to spur economic growth and to alleviate the worst impacts of the collapse in global commodity prices, particularly oil. The budget…
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DOI: 10.1108/OXAN-DB210194
ISSN: 2633-304X
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Amid an ongoing constitutional crisis, the Law and Justice (PiS) government, which was sworn into office on November 16, has been busy revising fiscal targets and agreeing draft…
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DOI: 10.1108/OXAN-DB207502
ISSN: 2633-304X
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MEXICO: Fresh cuts to compound Pemex's woes
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DOI: 10.1108/OXAN-ES213528
ISSN: 2633-304X
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Authorities took too long to adjust the exchange-rate regime under pressure from falling oil prices, wasting resources that could have been used to shore up the banking sector…