The Latest Breaking News from Economic Growth

Pervez Musharraf, the four-star general who ruled Pakistan for nearly a decade after seizing power in a bloodless coup in 1999, oversaw rapid economic growth and attempted to usher in socially liberal values in the conservative Muslim country.

Being paid for work in cash is often frowned upon in the UK. It can be seen as a way of avoiding tax, or cheating the system, and detrimental to economic growth.

Saudi Arabia registered an 8.7% economic growth in 2022, the General Authority for Statistics (GASTAT) said on Tuesday. The real GDP of the Kingdom during the fourth quarter of 2022 grew by 5.4 percent, compared to the same period in 2021. “This increase in GDP was a result of the…

Prime Minister Narendra Modi’s government plans to ramp up capital spending by 33% in a $550 billion annual budget designed to spur economic growth and create jobs ahead of a general election next year

Egypt and Russia stressed on Tuesday the importance of developing bilateral relations between their countries at all levels. Russian Foreign Minister Sergei Lavrov welcomed his Egyptian counterpart Sameh Shoukry in Moscow for talks on regional and international issues, notably the Ukrainian crisis. At a joint press conference, Shoukry said the…

A higher risk of slowing exports amid a global economic slowdown will pressure Thai economic growth this year, despite positive growth of the tourism sector, says an executive of the Bank of Thailand.

Europe’s economy has scraped out meager gains at the end of last year as galloping inflation fed by high energy prices and Russia’s invasion of Ukraine deterred people from spending in shops and restaurants

Saudi officials reviewed the priorities of the G20 for the current year, which include supporting global economic growth in light of geopolitical tensions, strengthening global value chains and flexible logistics services, in addition to a range of issues related to health, energy, food security, education, tourism, the labor market and…

The Fiscal Policy Office (FPO) has maintained its Thai economic growth forecast this year at 3.8%, in line with the continued rebound of the tourism sector and declining inflation.