The Latest Breaking News from GDP

Widespread floods that have inundated large parts of Australia's southeast will dent the country's economic growth and increase inflation, Treasurer Jim Chalmers said on Friday, ahead of next week's federal budget.

Gus O’Donnell said maximising the economic measure is ‘really, really stupid’ and ‘not something any grown up wants to do’.

The new phase of the domestic tourism subsidy programme is being drafted with an additional 3-4 million hotel rooms, double the number in the fourth phase, which is scheduled to end this month, as the government aims to push GDP growth to 3.3% this year.

I am talking about an imaginary country which is a member of Asean. This country may or may not exist. To avoid unnecessary negative repercussions, this country shall remain nameless and be referred to as country "N" with its currency "D". This country is the star of Asean with a…

Saudi Crown Prince Mohammed bin Salman bin Abdulaziz launched the National Strategy for Industry, which aims to promote industry and attract investment, leading to economic diversification and growth of non-oil exports and GDP. The Crown Prince, also Prime Minister and Chairman of the Council of Economic Affairs and Development, said…

The Prime Minister's comments to the European Research Group came after a minister threatened to resign if she reneged on a commitment to increase defence spending to 3% of GDP by 2030

Armed Forces Minister James Heappey warned he would resign unless the Prime Minister stuck to a promise to raise defence spending to 3% of GDP by 2030

Defence secretary would hold Truss to pledges, says source, as he flies off for security talks in Washington

The real GDP growth projections of the Saudi economy are expected to reach 9.9 percent this year, and six percent in 2023, recording the highest growth rate among the G20 countries, according to a report by the Organization for Economic Cooperation and Development (OECD). The report "OECD Economic Outlook Interim…

The economy is on course for continuous recovery driven by increasing tourism activities and active private consumption, with the growth rate expected to return to pre-Covid level by the end of this year or beginning of 2023, according to Anucha Burapachaisri, the government spokesman.

MUMBAI: India needs to set up a dedicated wing in the environment ministry to release estimates of Green GDP periodically on a regular basis and create a user-friendly data dissemination platform, said an RBI article.