Economic growth
The International Monetary Fund (IMF) has downgraded its forecast for UK economic growth next year, citing global trade tensions as a major contributor to the reduced projections. Despite this, the IMF has upgraded its forecast for this year's growth, citing strong performance in recent months. The UK economy
Economic growth
In a semi-annual review, international rating agency S&P Global Ratings has maintained Liechtenstein's top rating of AAA with a stable outlook, citing the country's high flexibility and resilience in the face of global economic uncertainty. The decision was made in May 2025, with S&
Economic growth
The International Monetary Fund (IMF) has upgraded its forecast for the UK economy, citing strong growth in recent months. The global economics body now predicts that gross domestic product (GDP) will increase by 1.2% this year, up from its previous forecast of 1.1% growth. However, trade tensions linked
Economic growth
The International Monetary Fund (IMF) has upgraded its forecast for UK economic growth this year, despite warning of potential disruption from US tariffs. The global body expects UK GDP growth to reach 1.2% in 2025, up from its previous forecast of 1.1%. However, trade tensions with the US
Economic growth
The International Monetary Fund (IMF) has revised its growth forecast for the UK upwards for this year, citing a period of robust economic activity and an "economic recovery." The global financial body has stated that the UK's GDP is expected to rise by 1.2 per
Economic growth
Dr Innocent Matshe, the Deputy Governor of the Reserve Bank of Zimbabwe (RBZ), expressed the bank's commitment to implementing stabilisation measures and the de-dollarisation roadmap in a bid to foster macroeconomic stability and sustainable growth. The RBZ has identified the mining industry as a critical sector in implementing
Economic growth
A significant high-level event focusing on Zimbabwe's arrears clearance and debt resolution process is set to unfold in Abidjan, Cote d'Ivoire, during the African Development Bank (AfDB) Annual Meetings, alongside the Structured Dialogue process aimed at resolving the country's US$21 billion debt burden.
Economic growth
In a session titled "Shaping a Prosperous Future," organized by Bahria Humanities and Social Sciences School at Bahria University Karachi Campus, panelists emphasized the need for Pakistan to achieve sustainable and inclusive economic growth. The event, held on May 22, 2025, brought together esteemed panelists, including Qaiser Ahmed
Economic growth
The Bank of Korea (BOK) is anticipated to decrease its 2023 economic growth projection to below 1 percent due to weak domestic demand, political uncertainty, and the impact of U.S. tariffs. Economists expect the rate-setting monetary policy board to lower the key interest rate to 2.5 percent during
Economic growth
Pakistan's fiscal reform process has received a boost with the release of ACCA (the Association of Chartered Certified Accountants) Pakistan's comprehensive Budget Proposal for the fiscal year 2025-26. The proposal, informed by extensive consultation with ACCA's Members' Network Panel and global Professional Insights
Economic growth
A recent survey conducted by the Overseas Investors Chamber of Commerce and Industry has found that business confidence in Pakistan has entered "positive territory" for the first time in three years. The survey, conducted in March-April, reported increased optimism for the next six months, with 45% of respondents
Economic growth
The Association of Chartered Certified Accountants (ACCA) Pakistan has released its detailed Budget Proposal for the fiscal year 2025-26, which aims to strengthen Pakistan's taxation system and promote economic growth. The proposal, developed over a decade of engagement with Pakistan's fiscal reform process, incorporates insights from
