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1 – 10 of 644Recent developments suggest that policymakers are happy with slower investment growth, but worry about the possibility of an abrupt slowdown in lending and the risk that household…
Total expenditure is projected at INR39.5tn (USD524.4bn), about 5% higher than the revised estimate for 2021/22. However, capital expenditure (capex) is expected to be more than…
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DOI: 10.1108/OXAN-DB267284
ISSN: 2633-304X
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The deal must still be approved by the Senate and by the IMF Board. This must happen before March 22 to avoid a default on a USD3.2bn repayment due on that date, which the…
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DOI: 10.1108/OXAN-DB267914
ISSN: 2633-304X
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The impact of prolonged low oil prices.
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DOI: 10.1108/OXAN-DB207171
ISSN: 2633-304X
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The government wants to develop non-hydrocarbon sectors to offset the growth and fiscal problems stemming from lower global oil prices. The economy contracted in 2016 for a second…
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DOI: 10.1108/OXAN-DB220249
ISSN: 2633-304X
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Despite its commitment to a floating exchange rate, the government has been forced to prioritise exchange rate stabilisation. After the change of Central Bank (BCRA) authorities…
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DOI: 10.1108/OXAN-DB235980
ISSN: 2633-304X
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The 2017 budget.
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DOI: 10.1108/OXAN-DB216950
ISSN: 2633-304X
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The sharp drop in oil prices to around 50 dollars, half their average level last year, has forced a serious fiscal rethink among the six Gulf Cooperation Council (GCC) states, who…
However, because of the large surplus of 2.5% recorded in that year, Riyadh’s public debt is only about 25% of GDP, providing the government and the country’s sovereign wealth…
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DOI: 10.1108/OXAN-DB284692
ISSN: 2633-304X
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The plan aims for 85% funding by private capital, with the balance coming from federal and state governments. It also envisions 5% average annual GDP growth over the period, and…