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ARGENTINA: World Bank optimism may be premature
The final phase will be on June 1. The National Democratic Alliance (NDA), led by Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP), aims to secure a third successive…
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DOI: 10.1108/OXAN-DB286538
ISSN: 2633-304X
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The government has posted the first fiscal surplus in years, inflation has declined and foreign currency reserves have risen from USD21.0bn in mid-December to USD28.5bn. However…
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DOI: 10.1108/OXAN-DB285892
ISSN: 2633-304X
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In the March 31 municipal elections, the main opposition Republican People’s Party (CHP), to which Imamoglu belongs, gained 37.8% of the vote nationally, beating the AKP in its…
Official results should be announced by March 20.
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DOI: 10.1108/OXAN-DB285437
ISSN: 2633-304X
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As a result of dwindling tax revenue, he also said that state spending would be cut by EUR10bn (USD10.8bn). The government’s forecast for this year is more optimistic than…
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DOI: 10.1108/OXAN-DB285767
ISSN: 2633-304X
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President Javier Milei, who denounced the bill’s opponents as ‘traitors’, has said he will not bring it back to debate, at least for now. With his December emergency decree also…
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DOI: 10.1108/OXAN-DB285204
ISSN: 2633-304X
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Romania is among the member states liable to the EDP. Although its debt is relatively low at 47.9% of GDP, Romania has wide budget and current account deficits, yet its tax-to-GDP…
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DOI: 10.1108/OXAN-DB284013
ISSN: 2633-304X
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With Milei now predicting six months of stagflation and up to two years to reduce inflation from triple digits, dollarisation appears to have been shelved. Instead, he seems…
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DOI: 10.1108/OXAN-DB283767
ISSN: 2633-304X
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This is the lowest monthly widening since the start of 2023. Hungary aims to curb its 3.9% of GDP budget deficit in order to avoid being placed under the EU’s Excessive Deficit…