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This came shortly after Prime Minister Hassan Diab addressed the nation, promising a 1.2-trillion-Lebanese pound (400-million-dollar) stimulus plan -- although it was unclear how…
The country’s system of pension funds has long been close to bankruptcy, but awareness of the urgency of the issue has increased over the past year. Nonetheless, proposed pension…
The government has disclosed details to prospective investors about the state of its finances, as part of a marketing exercise for the bond sale. It also laid out more of its…
Lebanon’s debt is reaching unsustainable levels, meaning politicians can no longer delay addressing longstanding structural fiscal and current account deficits. However, public…
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DOI: 10.1108/OXAN-DB247221
ISSN: 2633-304X
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This followed the government’s decision to default, for the first time ever, on bonds maturing on March 9. There is a mounting controversy over whether to seek financial support…
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DOI: 10.1108/OXAN-DB251560
ISSN: 2633-304X
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The expansionary budget increases social welfare spending significantly above the present inflation rate, highlighting the government’s concern that worsening economic conditions…
The ruling Justice and Development Party (AKP) should easily get the most votes, but it faces a likely setback and a dent in its authority. Weakening support from its voters and…
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DOI: 10.1108/OXAN-DB200039
ISSN: 2633-304X
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The Eleventh Development Plan for 2019-23.
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DOI: 10.1108/OXAN-DB230033
ISSN: 2633-304X
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However, the signs of strain are becoming more marked. On December 15, the Central Bank of Iran (CBI) issued an official warning to all financial institutions, threatening legal…
Iran's development plans are macro-level guidelines which are then translated into micro-level policies and programmes. The 2022-26 plan has seven pillars: economic;…