The Latest Breaking News from GDP

Growth has been weaker than estimated throughout much of the past year

THE UK economy contracted by more than was first thought between July and September with growth also weaker than estimated in a grim set of official…

Thailand's fiscal status is improving thanks to a gradual economic recovery following the pandemic, which may prompt the government to lower the ceiling of the public debt-to-GDP ratio from the current 70%, according to the Public Debt Management Office (PDMO).

In the annals of Australian foreign policy, it is arguable that no moment in history has been as significant as December 21 1972. With the possible exception of the ANZUS Treaty of 1951, no other document matches the formal agreement establishing full diplomatic relations between Australia and China 50 years…

As election year approaches, voters want to be fed (bigger) hand-outs, and the Government wants to appease them, all while appearing fiscally responsible. Trouble is, the latest Budget Policy Statement appears anything but, especially when it comes to debt

Eastern Africa’s Zanzibar is transforming from the largest slave trade center in the world into the largest African center for economic tourism with it accounting for about 30% of GDP. President Hussein Mwinyi confirmed that Zanzibar’s political parties have abandoned their differences to maximize economic and food security and accelerate…

The new International Monetary Fund (IMF) $3 billion financial support package for Egypt aims to reduce government debt to less than 80% of gross domestic product (GDP) in the medium term, a cabinet report released on Saturday said. The fund did not require the Egyptian government to cut spending on…

Stabilizing growth is the top priority, with measures to boost the real estate sector and a supportive tone for non-SOEs, foreign investors and online platforms

Silicon Valley as an economic juggernaut has reigned supreme throughout the pandemic compared to its rivals in the Sunbelt and Pacific Northwest, newly released numbers show.