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However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…
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DOI: 10.1108/OXAN-DB285374
ISSN: 2633-304X
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Other South-east Asian countries also backed the resolution and have, like Singapore, criticised the war. However, the city-state is the only regional player to impose financial…
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DOI: 10.1108/OXAN-DB273595
ISSN: 2633-304X
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Recovery will be slower in 2017 than previously estimated, at 0.9% instead of 1.7%, the bank said. The low price of oil is the main burden on the flagging Russian economy…
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DOI: 10.1108/OXAN-DB208410
ISSN: 2633-304X
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Rouhani in late December 2018, when presenting his programme to the Majlis, reported that his administration plans to run a balanced budget for the fiscal year beginning March 21.
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DOI: 10.1108/OXAN-DB242059
ISSN: 2633-304X
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Despite recent economic stabilisation, future growth prospects are severely limited owing to Russia’s international isolation. A prolonged war in Ukraine would threaten the…
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DOI: 10.1108/OXAN-DB279750
ISSN: 2633-304X
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Record levels of defence spending have led to surging demand for inputs used to manufacture military equipment, driving up output across various sectors. However, evidence of…
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DOI: 10.1108/OXAN-DB285498
ISSN: 2633-304X
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The government's scramble to revise its budget.
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DOI: 10.1108/OXAN-DB207961
ISSN: 2633-304X
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The Ministry of Finance is seeking new ways to boost federal revenues to fund rising military expenditure, as well as any pledges made during the forthcoming presidential election…
The federal budget deficit target for 2023, set at RUB2.9tn (USD35.8bn), is likely to be exceeded for the second year in a row. Federal expenditure is showing no signs of slowing…
Prospects for the Middle East in the second quarter.