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Shortly before Azhar replaced Abdul Hafeez Shaikh in the post, the IMF announced resumption of Pakistan’s stalled Extended Fund Facility (EFF) programme. The loan was agreed in…
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DOI: 10.1108/OXAN-DB261046
ISSN: 2633-304X
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Separately, the recent Taliban takeover of Afghanistan was a strategic win, given the military-security establishment’s long-standing support for the group. The Taliban’s 'Haqqani…
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DOI: 10.1108/OXAN-DB265641
ISSN: 2633-304X
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The second phase of the current bailout, extended until end-June, foresees a final installment of 7.2 billion euros (8.2 billion dollars) in exchange for fiscal and structural…
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DOI: 10.1108/OXAN-DB199435
ISSN: 2633-304X
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The moves followed a peso depreciation of nearly 21% during the last week of August. The measures aim to ease investor doubts over the government’s ability to overcome the…
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DOI: 10.1108/OXAN-DB238247
ISSN: 2633-304X
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The Rada is dragging its feet on legislation on the special court and electoral reform, despite pressure from the IMF and EU. The two months remaining before parliament goes into…
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DOI: 10.1108/OXAN-DB234043
ISSN: 2633-304X
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Voters may return a left-leaning coalition led by the Coalition of the Radical Left (Syriza), which has pledged to renegotiate the country's massive debt and roll back many of the…
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DOI: 10.1108/OXAN-DB197160
ISSN: 2633-304X
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Clearing state arrears to the private sector depends on the quartet of international creditors' timely disbursement of financial assistance tranches. The finance ministry is in…
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DOI: 10.1108/OXAN-DB214159
ISSN: 2633-304X
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Thus ends eight years of economic policy oversight by the ECB, European Stability Mechanism and IMF, in exchange for some 275 billion euros (315 billion dollars) in soft loans…
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DOI: 10.1108/OXAN-DB237925
ISSN: 2633-304X
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The staff-level agreement on the package was announced on June 29, the day before an Extended Fund Facility (EFF) arrangement which Pakistan had with the IMF expired with around…
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DOI: 10.1108/OXAN-DB280730
ISSN: 2633-304X
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Signs of resilience in the Greek economy.