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The statement implies that a return to economic orthodoxy is likely, following two years of unorthodox policies built around Erdogan’s preference for low interest rates. The…
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DOI: 10.1108/OXAN-DB279817
ISSN: 2633-304X
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Securing debt restructuring agreements is a key condition of the four-year, USD3bn Extended Fund Facility (EFF) programme which the IMF’s Executive Board approved in March…
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DOI: 10.1108/OXAN-DB280445
ISSN: 2633-304X
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Geographic
Topical
The new regulations respond in part to the naira’s recent devaluation and depreciation, which have substantially shrunk domestic banking capital in dollar terms. It is the first…
Tbilisi has authorised flights by two smaller Russian airlines, exacerbating fears of the potential for sanctions evasion. That follows the easing of Russia’s visa regime for…