Archives Economics - Page 9 of 24 - New Eastern Outlook
Three Cheers for Our Red, White, and Blue War Profiteers
Kremlin Spokesman Dmitry Peskov recently told reporters that “No matter what else occurs regarding Ukraine, United States business and leadership put money in their pockets. While TASS news agency is not considered prime news for Westerners, it should be. It turns out the American leadership and militarists have no qualms about admitting the profitability of war in Ukraine.” Let’s run with a quote from Mr. Peskov via TASS…
The IMF’s Grip on Pakistan’s Economy
The International Monetary Fund (IMF) and Pakistan reached a staff-level agreement in March 2024 for the release of the remaining $1.1 billion out of the total $3 billion bailout package. The 9-month bailout package was sought by the Pakistani government last year to avert the sovereign debt. The country has been dependent on IMF loans for decades to fuel its staggering economy. This was Pakistan’s 24th engagement with the Washington-based lender…
Mongolia’s economy in 2024-2026: three years of prosperity?
In mid-2023, as part of its preparation of the country’s 2024 budget, Mongolia’s Ministry of Finance prepared a number of documents containing assessments of national economic development prospects for the next three years. These documents, which are available on Mongolia’s impressively comprehensive official database, allow observers to assess the Mongolian government’s views on their country’s development potential…








