Switzerland’s economy to grow 1.4% in ’25 – IMF
The International Monetary Fund (IMF) has forecast a gradual recovery for Switzerland’s economy, predicting an…
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economic growth
Ukraine cuts rates to 13% as blackouts hinder growth
Ukraine’s central bank has implemented a third consecutive cut in borrowing costs, lowering the key interest rate…
German gov’t mulls €11b extra budget for ’24
The German government is considering a supplementary budget for the current year, which could involve up to 11…
World Bank raises global growth forecast
The World Bank revised its global economic outlook upwards, now projecting a 2.6 per cent expansion in 2024,…
Lagarde’s speech following ECB rate cuts
The European Central Bank (ECB) announced a 25-basis-point reduction in borrowing costs from record highs on…
Vietnam’s inflation nears limit in May
Vietnam's annual inflation rate increased to 4.44 per cent in May, nearing the government's target ceiling of 4.5…
IFZA: SMEs make up 63.5% of UAE’s non-oil GDP
The number of small and medium-sized enterprises (SME) operating in the United Arab Emirates (UAE) accounts for…
Egypt targets 70% private sector contribution to economy – minister
Egypt is making significant strides to boost private sector partnerships, aiming for them to constitute 70 per cent…
Turkey to step up medium-term economic programme – Erdogan
Turkey will bolster its medium-term economic programme (MTP) with a three-pronged strategy: enhancing public…
Russia’s ’24 GDP growth forecast may rise following robust start
Russia’s Economic Development Ministry will soon complete its macroeconomic forecast scenarios, most likely to…