According to the latest INSTAT publication on national accounts [1], “The Gross Domestic Product (GDP) in the third quarter of 2023 is estimated to increase by 3.46%, compared to the third quarter of 2022. The following branches of economy...
An investment in which no profit is generated, or less profit is realized than programmed is considered a bad investment. But an investment that also produces negative effects on taxes and fees, as well as budget costs from waste and...
Oil government take, which derives from effects of PSAs could create incentives to “corruption” at various stages of the oil value chain including exploration, development, and production and trading. If left unaddressed, these vulnerabilities could result in the misappropriation...
