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1 – 10 of 32According to a debt sustainability analysis published by the IMF in May, Laos is in debt distress. Years of rapid growth in borrowing to fund infrastructure development…
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DOI: 10.1108/OXAN-DB280381
ISSN: 2633-304X
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Separately, the IMF’s Executive Board on March 20 approved a four-year, roughly USD3bn Extended Fund Facility for the country. The approval came around ten months after Sri Lanka…
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DOI: 10.1108/OXAN-DB278564
ISSN: 2633-304X
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LEBANON: Salary hikes are only a short-term fix
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DOI: 10.1108/OXAN-ES278515
ISSN: 2633-304X
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The draft foresees a central administration budget deficit of 80.6 billion lira (14.3 billion dollars) or 1.8% of GDP. Maintaining fiscal discipline would bolster international…
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DOI: 10.1108/OXAN-DB239337
ISSN: 2633-304X
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In the absence of external funding, capital controls will remain. Banks will allow depositors to withdraw up to 420 euros (456 dollars)/week at one go rather than in daily…
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DOI: 10.1108/OXAN-DB201073
ISSN: 2633-304X
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SERBIA: External factors will determine next rate cut
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DOI: 10.1108/OXAN-ES206013
ISSN: 2633-304X
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The slump was caused by low oil prices and left a legacy of higher debt and banking fragility. The slowdown pushed the government into reviewing the fiscal framework and placing…
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DOI: 10.1108/OXAN-DB243281
ISSN: 2633-304X
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So far, state-sector price controls and price caps on food and private markets have prevented runaway inflation. However, producers are withholding goods or selling on the black…
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DOI: 10.1108/OXAN-DB260020
ISSN: 2633-304X
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Prospects for South-east Asia to end-2017.
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DOI: 10.1108/OXAN-DB221378
ISSN: 2633-304X
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The plan aims for 85% funding by private capital, with the balance coming from federal and state governments. It also envisions 5% average annual GDP growth over the period, and…