EconomyFeaturedKuwait sees $39.9 bn budget deficit for new fiscal yearInternational Finance Business DeskFebruary 1, 2021 by International Finance Business DeskFebruary 1, 2021 The Kuwaiti economy expects state revenues of KD10.9 billion in the new fiscal year... Read more
EconomyFeaturedIndonesia builds competitive advantage with non-oil exportsInternational Finance Business DeskFebruary 1, 2021 by International Finance Business DeskFebruary 1, 2021 The government is anticipating to reach 6.3 percent annual growth for its non-oil and gas exports in 2021... Read more
EconomyFeaturedGlobal economy to grow by 5.5% in 2021: IMFPritam BordoloiJanuary 27, 2021 by Pritam BordoloiJanuary 27, 2021 The global economy will grow by 4.2% in 2022, the fund further said... Read more
EconomyFeatureMagazineIs the Turkish lira on the edge?WebAdminJanuary 25, 2021February 5, 2021 by WebAdminJanuary 25, 2021February 5, 2021 The country is finding means to strengthen its currency—despite volatility, fluctuating investor sentiment and harsh pandemic... Read more
EconomyFeaturedArgentina 2020 budget deficit reaches 6.5% of GDPInternational Finance Business DeskJanuary 21, 2021 by International Finance Business DeskJanuary 21, 2021 The economy saw a revenue drop of 0.7 percent of its GDP, which led to the deficit... Read more
EconomyFeaturedUAE to see a V-shaped recovery this year: FABInternational Finance Business DeskJanuary 20, 2021 by International Finance Business DeskJanuary 20, 2021 Rebound in tourism and oil prices are likely to lead the recovery... Read more
EconomyFeaturedSouth African Reserve Bank to maintain repo rate through 2021Pritam BordoloiJanuary 15, 2021 by Pritam BordoloiJanuary 15, 2021 The Reserve Bank governor Lesetja Kganyago will hold rates steady in January... Read more
EconomyFeaturedCovid-19 vaccine to support Indonesia’s economic recovery: PresidentPritam BordoloiJanuary 13, 2021 by Pritam BordoloiJanuary 13, 2021 Indonesia’s Minister of Health said nearly 1.5 mn medical workers would be inoculated by February... Read more
EconomyFeaturedGermany to sell record amount of federal debt in 2021International Finance Business DeskJanuary 8, 2021 by International Finance Business DeskJanuary 8, 2021 The Federal Finance Agency is also planning to sell a maiden 30-year green bond in May and a maiden 30-year conventional bond in September... Read more
EconomyFeaturedBrexit to cost UK billions of dollar: BOE governorPritam BordoloiJanuary 8, 2021 by Pritam BordoloiJanuary 8, 2021 Bank of England Governor Andrew Bailey said that Brexit could cost the UK economy the equivalent of $109 bn... Read more