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Days before this announcement, the government asked Congress to approve a primary deficit of up to 96.65 billion reais (some 1.5% of GDP) for this year. The sharp deterioration in…
Golob said the government could now press on with the transformation of Slovenia for which it was elected last June: 2023 would be the year of reforms. A referendum in November…
With huge financial reserves, low public debt and a small population, Kuwait is one of the Gulf Cooperation Council (GCC) states best equipped to ride out an extended period of…
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DOI: 10.1108/OXAN-DB212955
ISSN: 2633-304X
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Geographic
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For 2023, the market expects a significant slowdown, with growth of around 0.8%. This presents a highly challenging context for President Luiz Inacio Lula da Silva and his finance…
A three-year budget cycle is intended to create predictability after a year in which the initial budget had to be revised as the oil price outlook grew gloomier. Spending cuts are…
Budget analysis.
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DOI: 10.1108/OXAN-DB245802
ISSN: 2633-304X
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Real GDP surged by 15% in 2021 and 12% in 2022, then by 4% in 2023. With inflation easing, risks of social instability have probably fallen over the past year, but growth looks…
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DOI: 10.1108/OXAN-DB285253
ISSN: 2633-304X
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Geographic
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Falling bond yields suggest some return of confidence after the government's legislation of further cuts and reforms, and the successful conclusion of the second review of…
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DOI: 10.1108/OXAN-DB221819
ISSN: 2633-304X
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Topical
The pre-pandemic state of many southern economies, embodied by high levels of debt and low growth potential, will make it more difficult for these countries to offset the…
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DOI: 10.1108/OXAN-DB260925
ISSN: 2633-304X
Keywords
Geographic
Topical
The draft 2019 budget.