Economic growth
Lithuania's economy is poised for a growth path, with the country's gross domestic product projected to expand by 2.7% this year, 3.2% in 2026, and 2.3% in 2027. However, domestic and external decisions, such as US trade tariffs and pension system reform, will
Economic growth
The Indonesian government has launched an economic policy package with 17 programs aimed at accelerating national economic growth in 2025, including a digital internship program for university graduates. The program aims to accelerate the emergence of new digital talents and strengthen the link between universities and the digital industry. Coordinating
Economic growth
Artificial intelligence (AI) is poised to revolutionize industries across the globe, with the potential to add $17-26 trillion to the global economy over the next decade, according to a report titled 'AI for Viksit Bharat: The Opportunity for Accelerated Economic Growth' by NITI Aayog. India, with its large
Economic growth
House Financial Services Committee Chairman French Hill delivered a statement at today's markup of various bills, highlighting the importance of a robust banking system and capital markets in driving economic growth and financial stability. The bills aim to reduce regulatory burdens, protect vulnerable investors, and promote innovation and
Economic growth
The U.S. House of Representatives Committee on Financial Services has successfully reported 11 bills to the full House of Representatives, aiming to strengthen the U.S. banking system and reduce unnecessary regulatory burdens on American businesses. Chairperson French Hill emphasized that the legislation is essential for creating a financial
Economic growth
The Financial Conduct Authority (FCA) has published Policy Statement PS25/9, introducing new rules for public offers and admissions to trading under the Public Offers and Admissions to Trading Regulations 2024 (POATRs). This reform aims to simplify capital raising, lower admission costs, and increase participation in capital markets for smaller
Economic growth
The Indonesian government has taken steps to strengthen banking liquidity and boost the national economy by transferring 200 trillion rupiahs (approximately 12.23 billion U.S. dollars) from its central bank to five state-owned banks. This move aims to encourage lending to the real sector, making financing more accessible for
Economic growth
The Indian government has introduced significant reforms under the Goods and Service Tax (GST) 2.0, aimed at simplifying the tax system, increasing demand, and attracting more investment. Building upon the robust framework established in 2017, GST 2.0 features two standard tax rates of 5% and 18%, with a
Economic growth
The UK government has reiterated its commitment to driving innovation through increased public investment in research and development (R&D). By 2029-30, the government plans to allocate £22.6 billion towards R&D, supporting eight priority sectors identified in the Industrial Strategy. This strategic investment aims to enhance
Economic growth
Governor Josh Shapiro is committed to driving tourism and economic growth in Pennsylvania, with a proposed budget calling for $65 million in funding to prepare for America's 250th birthday in 2026. Under the Shapiro Administration, Pennsylvania's tourism industry has grown significantly, with a $7 billion increase
Economic growth
Tanzania remains one of the world's fastest-growing economies, driven by government policies and private companies like Tanzania Breweries Limited (TBL), which has been a cornerstone of the country's business growth since 1933. TBL's contributions extend beyond its beverages, creating ripple effects across society through
Economic growth
As the country observes National Construction Appreciation Week, a vital sector of the economy is receiving recognition for its significant contributions. The construction industry employs over 7.5 million Americans and contributes a staggering $1.8 trillion annually to the U.S. economy. Amidst the celebrations, industry leaders like Kevin
