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FRANCE: Credit rating challenges will persist
Details
DOI: 10.1108/OXAN-ES286730
ISSN: 2633-304X
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Although the central bank has increased interest rates substantially since June 2023, the effects on economic activity and inflation have been limited. Prices and policy…
KENYA: Ruto doubles down on fiscal consolidation
The primary surplus (0.6% of GDP) was driven by a 35% real fall in primary spending, which offset a recession-induced 4.5% drop in revenues. Month-on-month inflation has also…