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EGYPT: Rising expenditure will be a challenge
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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There have been protracted negotiations following strikes by teachers last year. Concerns over continued disruption to education and possible contagion to other sectors are…
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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The Cambodian People’s Party (CPP) -- led by former premier Hun Sen, Hun Manet’s father -- won 120 out of 125 seats in the National Assembly, the lower house, in last July’s…
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DOI: 10.1108/OXAN-DB285241
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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GREECE: 2024 budget marks further distancing from 2010
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DOI: 10.1108/OXAN-ES284090
ISSN: 2633-304X
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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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At the same time, private businesses have been allowed to import as never before. New privately owned shops caters to those with hard currency, but for most people the economic…
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DOI: 10.1108/OXAN-DB281234
ISSN: 2633-304X
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A technologically advanced ‘modern’ sector coexists with a ‘traditional’ sector in which productivity is low, technology basic and employment precarious. The government has…