Economic growth
Six major factors enable economic growth and development in a nation. These include available resources, innovations, external influences, leadership, fiscal policy, and monetary policy. The optimisation of resources is crucial for economic growth, while innovations enable a country to compete globally and attract foreign investments. Effective leadership is essential in
Economic growth
Professor Mohammed Hadrat Yusif, a renowned Professor of Economics at the Kwame Nkrumah University of Science and Technology (KNUST), has emphasized the need for a robust partnership between the Bank of Ghana (BoG) and universities to improve the effectiveness of monetary policy in Ghana. In his professorial inaugural lecture, Prof
Economic growth
The 10th EY Entrepreneurial Winning Women Asia-Pacific Conference was held in Jakarta, Indonesia, from 20 to 22 May. The event, which identifies and supports high-potential women entrepreneurs in the region, featured 24 exceptional women-leaders who collectively generated over $1.2 billion in revenue and created more than 11,000 jobs.
Economic growth
Bangladesh's energy sector and air quality face significant challenges, with gas supply security and urban air pollution being major concerns. The World Bank's Board of Executive Directors has approved two projects totaling $640 million to address these issues. The projects aim to improve energy security and
Economic growth
The World Bank has approved two projects totaling $640 million to help Bangladesh enhance energy security and air quality. The Energy Sector Security Enhancement Project and the Bangladesh Clean Air Project aim to address gas supply constraints and urban air pollution, ultimately boosting economic growth, improving productivity, and creating jobs.
Economic growth
The US Federal Reserve has defied pressure from Donald Trump to cut interest rates, instead opting to leave rates at a range of 4.25-4.5% amidst growing concerns of stagflation. The decision came as the Fed cut its forecasts for economic growth and raised the inflation outlook, citing the
Economic growth
The US Federal Reserve has delivered a blow to President Donald Trump by slashing its economic growth forecasts for the next two years and raising inflation expectations. The central bank reduced its forecast for US GDP growth this year from 1.7% to 1.4%, and from 1.8% to
Economic growth
Kenya's organic inputs sector, encompassing bio-fertilizers, organic pesticides, and related products, is crucial for economic growth and sustainable agriculture. The global shift towards sustainable agriculture has accelerated demand for organic inputs due to concerns over soil health, climate change, and food safety. However, the sector faces regulatory, financial,
Economic growth
The 15th National Assembly convened its Q&A session on June 19, with key figures in the government addressing critical issues affecting Vietnam's socio-economic growth. Minister of Finance Nguyen Van Thang emphasized the importance of stimulating traditional growth drivers and introducing new momentum for development. The session
Economic growth
A major step forward in strengthening community resilience and safeguarding public health and environmental protection has been achieved in the Village of Waddington, St. Lawrence County, with the completion of an $11 million wastewater collection and treatment facilities improvement project. Funded through the State's Resiliency and Economic Development
Economic growth
The US Federal Reserve, led by Chairman Jerome Powell, has maintained the benchmark interest rate within the range of 4.25-4.5% after a two-day policy meeting. Despite concerns over a weakened economic growth outlook and high inflation, the Fed has chosen to remain stable on interest rates, a decision
Economic growth
Accreditation can help accelerate the growth of Small and Medium Enterprises (SMEs) in Botswana, leading to not just their success but the overall national economic growth. The Minister of Trade and Entrepreneurship, Mr Tiroyaone Ntsima, emphasized the importance of SMEs in the country's economy and markets, citing Statistics
