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CZECH REPUBLIC: Fiscal consolidation to move forward
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DOI: 10.1108/OXAN-ES279106
ISSN: 2633-304X
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President Ranil Wickremesinghe was prime minister and acting leader when he announced the restrictions. Gotabaya Rajapaksa had days earlier resigned as president in the face of…
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DOI: 10.1108/OXAN-DB272297
ISSN: 2633-304X
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The regulation will need parliament’s endorsement by the end of its current session to become permanent legislation. In 2021, the Constitutional Court ordered the government to…
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DOI: 10.1108/OXAN-DB275406
ISSN: 2633-304X
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President Cyril Ramaphosa on March 15 declared a state of national disaster and announced stringent measures to help combat the outbreak. While South Africa is relatively well…
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DOI: 10.1108/OXAN-DB251463
ISSN: 2633-304X
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The move followed days of protests in response to plans for tax reforms designed to rein in the country’s burgeoning fiscal deficit.
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DOI: 10.1108/OXAN-DB256797
ISSN: 2633-304X
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In August, it asked the IMF for a USD1.75bn credit under the Extended Fund Facility. This will come on top of the USD504mn approved by the IMF for emergency financial assistance…
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DOI: 10.1108/OXAN-DB255001
ISSN: 2633-304X
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The pandemic has sharpened questions about the role of South Africa's extensive social grants system in wider economic policy. In particular, emergency provisions have focused…
President Cyril Ramaphosa, who had been under escalating pressure from business and organised labour to reopen the economy fully, justified the relaxation by citing reductions in…
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DOI: 10.1108/OXAN-DB254671
ISSN: 2633-304X
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The negotiations follow the government’s refusal last year to pay the final annual tranche of a previous three-year deal. Containing the public-sector wage bill is seen as key for…