Moody’s predicts another budget surplus year for Oman
Oman experienced its first USD 2.98 billion budget surplus in close to a decade in 2022, which is credit-positive, according to Moody’s...
Tag : GDP
Surpassing US economy looks like a distant dream for China
China is injecting more capital into its economy at an unsustainable rate, despite worries over its shrinking population...
Brace for tough time ahead: Bank of England warns United Kingdom
The Bank of England worries that the United Kingdom is already in a recession, in part as a result of the bank holiday to commemorate Queen Elizabeth II's funeral...
Singapore GDP hits 7.2% in 2021 amid Omicron fears
Singapore’s GDP is going at the fastest pace in the last ten years...
Egypt expects economic growth of 5.6% in 2021-2022
Egypt’s GDP grew by 3.3% in the last fiscal year...
Around $5tn investment is needed for the next 30 years to meet climate goals: BofA
Decarbonisation efforts can boost global inflation by 3% annually by 2030...
Vietnam’s goal of 6.5% GDP in trouble as Covid-19 cases increase
As of Sunday, there were 208,060 active cases in the country...
Oman’s GDP is projected to grow by 2.5%: IMF
The International Monetary Fund said the Sultanate’s overall GDP is projected to grow around 2.5% in 2021...
Saudi Arabia’s GDP declines 3% in the first quarter
This is attributed to a steep decline of 11.7 percent in crude oil production during the same period...
Saudi Arabia’s economy contracts by 3.3% in Q1
The overall GDP was further affected by a 12% decline in ongoing crude oil production cuts...