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He was speaking at the signing ceremony for the first USD845mn grant bolstering the national budget, under a new agreement signed this year. The Gaza war has exacerbated concerns…
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DOI: 10.1108/OXAN-DB283977
ISSN: 2633-304X
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Reforms to the ESM, which is the EU’s main bailout fund, were agreed by member states in 2021 but implementation has been halted by Italian opposition. The vote exposed divisions…
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DOI: 10.1108/OXAN-DB284559
ISSN: 2633-304X
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The ruling means there is a gap of at least EUR17bn (USD18.4bn) in next year’s spending that needs to be addressed. The coalition parties are divided on how to resolve the issue.
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DOI: 10.1108/OXAN-DB283925
ISSN: 2633-304X
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ZAMBIA: Debt dispute undermines restructuring hopes
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DOI: 10.1108/OXAN-ES283505
ISSN: 2633-304X
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The Brazilian financial system, which is still dominated by five state and private banks, saw slower loan growth and worsening asset quality in 2023 due to high inflation and…
OMAN: Muscat will capitalise on its fiscal space
CHINA: Economic agenda will be set in July
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DOI: 10.1108/OXAN-ES286760
ISSN: 2633-304X
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The IMF has revised downwards its forecast for Saudi GDP growth in 2024 to 2.7% but raised its 2025 forecast to 5.5%. This reflects a positive medium-term outlook for the Gulf…
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DOI: 10.1108/OXAN-DB285518
ISSN: 2633-304X
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Officials announced science and technology innovation as the top priority for 2024. The overall tone was supportive of economic growth, with announcements including backing for…
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DOI: 10.1108/OXAN-DB284203
ISSN: 2633-304X
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Consumer demand, especially for services, underpinned by a stronger labour market, drove the upswing. Exports stabilised, but investment slowed, held back by the housing market…