US budget deficit hits $257b in Oct. ’24
The US budget deficit reached $257 billion in October, with total receipts amounting to $327 billion and total…
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Egypt embarks on new era of private sector-led growth
Egypt is poised to enter a new phase of economic stability and growth, fuelled by the private sector.
Turkey’s inflation surges 49.38% Y-o-Y in September ’24
Turkey's Consumer Price Index (CPI) rose by 49.38 per cent annually and 2.97 per cent monthly in September 2024,…
EU approves Cyprus’ 2nd recovery payment
The European Commission gave on Monday a positive preliminary assessment for 37 of the 38 milestones linked to…
Global labour income share faces prolonged decline – ILO
The International Labour Organisation (ILO) highlighted a global decline in the labour income share, which has…
Egypt, WB boost partnership to enhance private sector growth
Egypt seeks to strengthen its strategic partnership with the World Bank (WB) to advance sustainable development and…
WB launches $415m education scheme for Ukraine
The World Bank has announced a $415 million education program aimed at improving primary and secondary education in…
Finland sees decline in job vacancies in Q2 ’24
Finland reported 47,000 open job vacancies in the second quarter of 2024, down from 52,700 in the same period last…
EU bankruptcies up 3.1% in Q2 ’24
The number of European Union (EU) business bankruptcies rose by 3.1 per cent in the second quarter of 2024,…
World Bank approves $1.5b for Ethiopia
The World Bank (WB) has approved a $1.5 billion policy operation to support Ethiopia's sustainable and inclusive…
