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Russian policymakers are capitalising on underlying strengths such as high reserves, low sovereign debt and oil exports as they shape measures to mitigate existing and potential…
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DOI: 10.1108/OXAN-DB238470
ISSN: 2633-304X
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While international reserves are healthy, that portion held in sovereign wealth funds to support budgetary spending has been severely depleted by government drawdowns, and one of…
Russia's sovereign welfare fund will eliminate all its dollar holdings this month. The announcement was timed less than two weeks before Putin's June 16 summit with US President…
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DOI: 10.1108/OXAN-DB262040
ISSN: 2633-304X
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The NBU has weathered political storms and economic turbulence since 2014 to emerge with clear anti-inflationary policies: keeping the key refinancing rate above inflation and…
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DOI: 10.1108/OXAN-DB243839
ISSN: 2633-304X
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The modest GDP increase is attributed to government support for the economy as well as steadier oil prices and the launch of production at the Kashagan oil field. Low debt levels…
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DOI: 10.1108/OXAN-DB217155
ISSN: 2633-304X
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Shmihal said the budget would be largely covered by IMF, EU and US funds totalling USD3.5bn per month. The unprecedented reliance on borrowing, through domestic bond issuance and…
Concern about the need to preserve one of the SWFs to support the pension system is probably a major reason behind the rejection. The Ministry of Economic Development had already…
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DOI: 10.1108/OXAN-DB200072
ISSN: 2633-304X
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The collapse in commodity prices, above all oil, plus the impact of an extended lockdown have depressed Russia's exports, investment and consumption. The economic prospects could…
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DOI: 10.1108/OXAN-DB253071
ISSN: 2633-304X
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The decree reflects President Shavqat Mirzioyev's committment to an economic reform process -- a major task in the face of structural and institutional rigidity. Economic change…
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DOI: 10.1108/OXAN-DB243537
ISSN: 2633-304X
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Chronic problems in the Belarusian economy.