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1 – 10 of 11Shortly 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 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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Massa's bid is widely seen as having the support of local businessmen, trade union leaders and Peronist governors, representing the core of a coalition that could provide a stable…
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DOI: 10.1108/OXAN-DB280402
ISSN: 2633-304X
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He replaces Miftah Ismail, who played a key role in ensuring that Pakistan got its bailout programme with the IMF back on track after a hold-up. Dar faces a tough challenge to…
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DOI: 10.1108/OXAN-DB273131
ISSN: 2633-304X
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Although pre-election spending normally militates against a sharp drop in growth in election years, there is little margin for this in a context of low reserves, spiralling…
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DOI: 10.1108/OXAN-DB279852
ISSN: 2633-304X
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Speaking before Congress on February 13, Guzman said Argentina had the willingness but not the ability to repay debt. He proposed a gradual path to a balanced budget, to be…
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DOI: 10.1108/OXAN-DB250693
ISSN: 2633-304X
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However, since the August primaries his goal has shifted to winning the elections, or at reaching a run-off, prompting expansionary policies aiming to improve households’…
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DOI: 10.1108/OXAN-DB282141
ISSN: 2633-304X
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The new agreement envisages a primary surplus of 2% of GDP, a zero general deficit and reserves accumulation of USD10bn; it includes no new funding. However, the widening gap…
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DOI: 10.1108/OXAN-DB284724
ISSN: 2633-304X
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Economy Minister Nicolas Dujovne presented a bleak draft 2019 budget to Congress on September 17, overshadowed by the announcement that a federal judge had charged former…