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However, there are question marks over his ability to deliver on the ambitious spending cuts needed as tax collection falls in a weak economy.
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DOI: 10.1108/OXAN-DB285317
ISSN: 2633-304X
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President Luis Alberto Lacalle, who is not eligible for re-election, has seen his approval ratings fall somewhat over the past year although they remain positive. He hopes to…
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DOI: 10.1108/OXAN-DB284458
ISSN: 2633-304X
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Afghanistan’s ruling Taliban want production to expand to 19,000 b/d shortly. They are counting on the extractives sector to help boost revenue and shore up the flailing economy.
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DOI: 10.1108/OXAN-DB284299
ISSN: 2633-304X
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The ruling means there is a gap of at least EUR17bn (USD18.4bn) in next year’s spending that needs to be addressed. The coalition parties are divided on how to resolve the issue.
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DOI: 10.1108/OXAN-DB283925
ISSN: 2633-304X
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Albanian tourism is booming. The country has posted Europe’s strongest growth in terms of overnight stays (the EU average was 13%). More than 60% of bookings came from foreign…
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DOI: 10.1108/OXAN-DB282074
ISSN: 2633-304X
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The fall appears linked to public discontent over elevated inflation, which has clouded the country's economic outlook. Meanwhile, the government is moving slower than it…
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DOI: 10.1108/OXAN-DB282874
ISSN: 2633-304X
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ROMANIA: Fiscal consolidation will be difficult
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DOI: 10.1108/OXAN-ES282852
ISSN: 2633-304X
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GULF STATES: Growth downsides will drive competition
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DOI: 10.1108/OXAN-ES283553
ISSN: 2633-304X
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The decision reflects doubts over Finance Minister Bruno Le Maire's four-year plan to “chill” state spending and reduce France's accumulated debt from 111.6% of GDP to 108.3% by…
Infrastructure investments arising from auctions planned in 2023 and 2024 are expected to reach BRL125.4bn. However, infrastructure needs are vast and remain an obstacle to…