Economic development
Governor Glenn Youngkin announced today that KCG Engineering Group, a veteran-owned firm specializing in advanced technology solutions for defense and government clients, will expand its footprint in Virginia by consolidating its Hampton Roads operations at a new facility in the City of Chesapeake. The investment is estimated to create 60
Economic development
Governor Gavin Newsom recently highlighted California's wide-ranging economic success and global leadership at the California Economic Summit. California's economy is driven by diversity, creativity, and opportunity, making it a nation-leading economy with a GDP of $4.2 trillion. The state's economic dominance is fueled
Economic development
North Cowichan is taking charge of its economic future by withdrawing from the Cowichan Valley Regional District's Economic Development Cowichan. The decision comes after a review of the services provided by EDC, which revealed that local priorities were not consistently reflected in its work. Council believes that North
Economic development
The Central Bank of Kosovo has highlighted the importance of international cooperation and the need for countries to strengthen their resilience in the face of global uncertainty. Kosovo's Governor, Mr. Ahmet Ismaili, participated in the annual meetings of the International Monetary Fund (IMF) and the World Bank Group
Cabinet officials
Pakistan's Finance Minister Senator Muhammad Aurangzeb held a series of high-level meetings in Washington, DC, aimed at strengthening the country's economic relationships with international partners. The meetings, held on the sidelines of the IMF-World Bank Annual Meetings, sought to deepen cooperation in areas such as digital
Economic growth
Abebe Selassie, director of the African Department at the International Monetary Fund (IMF), presented the October Regional Economic Outlook for sub-Saharan Africa at a news briefing on October 16, 2025. Selassie announced that the region's economic growth is projected to hold steady at 4.1% in 2025, despite
Economic growth
The International Monetary Fund (IMF) projects the Philippines to maintain a moderate economic growth pace over the next two years, despite external headwinds and weaker global trade. The country's current account deficit is expected to narrow to 3.8 percent of GDP in 2025 and 3.5 percent
Cabinet officials
Finance Minister Muhammad Aurangzeb has expressed the Pakistani government's desire to transform its emerging consensus with the US into a comprehensive economic partnership, encompassing investments in various sectors such as energy, minerals, agriculture, technology, IT, and digital assets. The Minister has also emphasized the strategic alliance between Pakistan
Cabinet officials
Cypriot Finance Minister Makis Keravnos welcomed the International Monetary Fund's (IMF) latest forecasts on Wednesday, saying they confirm both government projections and the continued strong performance and resilience of the Cypriot economy. The forecasts, outlined in the IMF's October World Economic Outlook, indicate that the country&
Economic conditions
India's economic growth prospects have been boosted by a strong first quarter performance, with the International Monetary Fund (IMF) raising the country's growth forecast for the current fiscal year 2026 to 6.6% from 6.4% earlier. This upward revision is a result of the country&
Economic growth
Achieving gender parity in entrepreneurship could significantly boost European economies, new research carried out by Frontier Economics and commissioned by Amazon shows. The study looked at 13 European countries and found that reaching gender parity in new business creation—where 50% of startups are founded by women—could increase productivity
Cabinet officials
South Africa has taken a significant step towards reducing plastic waste and promoting sustainability with the launch of its first harbour-based net recycling facility at the V&A Waterfront in Cape Town. The containerised micro-recycling pod, developed by OCEAN Action Network (OCEAN) and Ocean Plastic Technologies (OPT), can process
