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Economic growth

Economic growth latest

economic
November 3rd, 2024 - 06:41 GMT
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Mexico's economic growth expected to slow to 1.5% in 2024

Mexico's economic growth is expected to slow down to 1.5% in 2024, from 3.2% in 2023, according to the International Monetary Fund (IMF) on Friday. Latin America's second-largest economy is anticipated to further slowing down to 1.3% in 2025. "Economic activity is moderating, with private consumption and investment decelerating, and employment growth is slowing," said the report. "The Mexican economy is decelerating and inflation pressures are receding," it added. "Notwithstanding ...
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Analysts expected Egypt’s gross domestic product (GDP) growth to slow to 5.5 percent in the 2021/22 fiscal year.
October 26th, 2019 - 01:00 GMT

Egypt’s Economy to Grow at 5.5 Percent in Fiscal Year 2019/20

Jordan’s new ranking as “one of the biggest jumps in the history of the Kingdom
October 26th, 2019 - 11:00 GMT

Jordan Soars 29 Places in World Bank’s Doing Business 2020 Report

Africa's intra-trade rate is just 16 percent
October 22nd, 2019 - 12:00 GMT

Africa Has the Potential to Be the World’s Largest Free Trade Area

The government has cut subsidies, raised fees and is pushing economic diversification and inward investment
October 20th, 2019 - 10:00 GMT

Bahrain Is on Track to Eliminate Its Deficit by 2022

The IMF expects a slight rebound in 2020 but warns of threats ranging from heightened political tensions in the Middle East
October 16th, 2019 - 08:00 GMT

IMF Projects Jordan’s Economy to Grow by 2.2 Percent

The UAE Central Bank, last month, revised the country's forecast upward by 0.4 per cent to 2.4 per cent for 2019
October 16th, 2019 - 07:30 GMT

IMF Slashes UAE’s Growth Outlook to 1.6 Percent

The Lebanese pound has been pegged at its current level against the US dollar for more than two decades
September 19th, 2019 - 05:30 GMT

Lebanon: Economic Growth Zero if Not Negative

Increased funding costs are likely to impact banks amidst intensified competition for deposits and tighter liquidity in the second half.
September 16th, 2019 - 07:30 GMT

UAE Banking Industry Shows Marginal Improvement in Q2

Despite the OPEC-led cut, oil has tumbled from April’s 2019 peak above $75
September 12th, 2019 - 09:30 GMT

OPEC Cuts 2020 Oil Demand Forecast Due to Economic Slowdown

The value added of non-manufacturing industries dropped 2.6 percent in Q2 of 2019
August 17th, 2019 - 06:24 GMT

Tunisia's GDP Rate Reaches 1.1 Percent in 1st Half of 2019

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