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However, there are question marks over his ability to deliver on the ambitious spending cuts needed as tax collection falls in a weak economy.
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DOI: 10.1108/OXAN-DB285317
ISSN: 2633-304X
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With the government’s finances and governance under renewed scrutiny as a result of a recently agreed IMF bailout, two Congolese companies on August 10 announced a sizable first…
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DOI: 10.1108/OXAN-DB246073
ISSN: 2633-304X
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Since its introduction in February, the local real-time gross settlement (RTGS) dollar, a de facto new local currency, has lost over 60% of its value relative to the US dollar on…
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DOI: 10.1108/OXAN-DB244607
ISSN: 2633-304X
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Amid a surge of COVID-19 infections, however, the government appears focused on the health rather than the economic aspects of the crisis.
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DOI: 10.1108/OXAN-DB253988
ISSN: 2633-304X
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ZAMBIA: New finance minister may aid IMF push
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DOI: 10.1108/OXAN-ES245228
ISSN: 2633-304X
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However, the MTBPS relies even more heavily on getting powerful public-sector unions to agree to unprecedented wage freezes over the next three years, putting its credibility in…
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DOI: 10.1108/OXAN-DB257211
ISSN: 2633-304X
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Since Gigaba controversially replaced Pravin Gordhan in March, the National Treasury has made a series of key personnel changes, including the position of chief procurement…
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DOI: 10.1108/OXAN-DB224999
ISSN: 2633-304X
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Preparations were disrupted by the COVID-19 pandemic and the start has been postponed until July 1.
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DOI: 10.1108/OXAN-DB260552
ISSN: 2633-304X
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This is the second devaluation of the naira in less than six months on the official foreign exchange (forex) market. The CBN has previously staved off a devaluation despite the…
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DOI: 10.1108/OXAN-DB255029
ISSN: 2633-304X
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Kenya's debt difficulties.