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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 Kurdistan Regional Government (KRG) emphasised it had sent the federal finance ministry a promised full list of employees on April 21; however, Baghdad sources said…
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DOI: 10.1108/OXAN-DB286904
ISSN: 2633-304X
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Their economic proposals are intended to impress voters but seem largely uncosted and risk generating unrealistic expectations of the winner. Polling points to a clear victory for…
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DOI: 10.1108/OXAN-DB287016
ISSN: 2633-304X
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IRAQ: Baghdad will keep fiscal pressure on the Kurds
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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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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While such losses are enormous, they are far less than then 41.4-billion-dollar loss seen the previous year. Pemex has recorded 17 consecutive quarters of financial losses, with…
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DOI: 10.1108/OXAN-DB218351
ISSN: 2633-304X
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MEXICO: Pemex hedges to provide some stability
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DOI: 10.1108/OXAN-ES220487
ISSN: 2633-304X
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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…