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Debt restructuring was offered to good and bad companies alike. This indiscriminate approach delayed insolvency that would otherwise have overtaken 'zombie' companies.
The size of the rate hike attests to the CBR’s determination to tame domestic price rises at all costs, even though this is likely to restrict credit growth and dampen output. The…
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DOI: 10.1108/OXAN-DB281638
ISSN: 2633-304X
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After a temporary surge in demand for food in March, monthly retail turnover fell sharply, driven primarily by low sales of durable goods in April-May. Smaller retailers were hit…