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1 – 10 of 12Finance Minister Anwar al-Mudhaf has repeatedly stated his intention to pursue radical fiscal and economic reform. As directed by the emir, the new government, appointed in May…
He was speaking at the signing ceremony for the first USD845mn grant bolstering the national budget, under a new agreement signed this year. The Gaza war has exacerbated concerns…
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DOI: 10.1108/OXAN-DB283977
ISSN: 2633-304X
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The budget envisages an overall deficit of 7% of GDP, revised upwards from an earlier draft because of the effects of devaluation and higher interest rates on public debt…
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DOI: 10.1108/OXAN-DB279201
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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The sharp drop in oil prices to around 50 dollars, half their average level last year, has forced a serious fiscal rethink among the six Gulf Cooperation Council (GCC) states, who…
It has fallen from about 6.50 at end-March and 5.95 at end-2019. There is speculation about a possible balance of payments crisis due to the COVID-19 pandemic, economic…
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DOI: 10.1108/OXAN-DB251995
ISSN: 2633-304X
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Turkey's fiscal sustainability.
Budget analysis.
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DOI: 10.1108/OXAN-DB245802
ISSN: 2633-304X
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Planned pay increases in Egypt.
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DOI: 10.1108/OXAN-DB244007
ISSN: 2633-304X
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Hurriyet Editor-in-chief Ahmet Hakan has queried whether Turkey is becoming a society without class or privilege. Well-intentioned anti-crisis policies have widened inequalities…