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The budget deficit is increasing markedly and will probably top 6% of GDP in 2024 -- the highest level since the late 1980s -- while economic growth remains in the 2-3% range.
The package also contains revenue legislation and lays out key economic assumptions such as the projected oil price and growth expectations for the US economy. A new president and…
The French government is using its emergency powers to break a two-week strike at five of the country's eight refineries, which has caused fuel shortages nationwide. Union action…
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DOI: 10.1108/OXAN-DB273321
ISSN: 2633-304X
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Geographic
Topical
SERBIA: Subsidised household energy will continue
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DOI: 10.1108/OXAN-ES274318
ISSN: 2633-304X
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Geographic
Topical
The federal budget deficit target for 2023, set at RUB2.9tn (USD35.8bn), is likely to be exceeded for the second year in a row. Federal expenditure is showing no signs of slowing…
Slovakia’s Soviet inheritance has exposed it to the massive economic fallout from the Kremlin’s full-scale aggression against Ukraine, its efforts to squeeze natural gas supplies…
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DOI: 10.1108/OXAN-DB273565
ISSN: 2633-304X
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Geographic
Topical
Prospects for Brazil in 2016.
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DOI: 10.1108/OXAN-DB206558
ISSN: 2633-304X
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Geographic
Topical
MEXICO: Pemex hedges to provide some stability
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DOI: 10.1108/OXAN-ES220487
ISSN: 2633-304X
Keywords
Geographic
Topical
A three-year budget cycle is intended to create predictability after a year in which the initial budget had to be revised as the oil price outlook grew gloomier. Spending cuts are…
Policy differences reflected in Russian budget debate