The Latest Breaking News from GDP

Indian Government expenditure on early childhood education only 0.1% of GDP

The study calls for raising it to 1.6% to 2.2% of GDP

The Hindu · Sep 20, 2022

Huawei launches global cloud initiative

Global tech powerhouse Huawei Technologies is sharpening its focus on strengthening its partnership ecosystem for growth by launching a "Go Cloud, Go Global" plan to work with partners across industries to capitalise on its cloud power to push for digital solutions and capacity building.

Bangkok Post · Sep 19, 2022

S&P’s Upgrades Outlook FOR Saudi Economy to Positive

Standard & Poor's (S&P's) Global Rating agency updated its outlook for Saudi Arabia to positive and upgraded its short and long term foreign and local currency sovereign credit ratings to A-/A-2. In a statement on Saturday, S&P said the positive future outlook reflects the strength of the Kingdom’s GDP growth…

Asharq Al-Awsat · Sep 18, 2022

Why it's not anti-environmental to be in favour of economic growth

In the midst of today’s cost of living crisis, many people who are critical of the idea of economic growth see an opportunity. In their recent book The Future is Degrowth, for example, prominent advocates Matthias Schmelzer, Aaron Vansintjan and Andrea Vetter argue that the post-Covid inflation has predominantly been…

The Conversation · Sep 14, 2022

Digital Bank Wio Launches in UAE

State-backed digital bank Wio announced Tuesday its official launch in the United Arab Emirates, becoming the first platform bank in the region. This step aims to transform banking operating models towards a more digital future. It comes in line with the UAE’s Digital Economy Strategy that aims to double the…

Asharq Al-Awsat · Sep 14, 2022

Kwarteng plan to boost growth ‘could take decade to achieve target’

Expected ‘sugar rush’ of tax cuts could knock growth off track by forcing up inflation and interest rates, economists warn

The Independent UK · Sep 13, 2022

Jordan’s Public Debt Increases to $41 Bln

Jordan’s public debt rose 1.6 percent to 29.16 billion dinars ($41 billion) in the first half of 2022 from 28.7 billion dinars at the end of 2021. Its domestic debt reached 13.89 billion dinars at the end of H1, while its foreign debt reached 15.26 billion dinars, according to statistics…

Asharq Al-Awsat · Sep 12, 2022

Germany must meet NATO's 2% spending target over long term - defence minister

Germany must meet NATO's 2% of GDP military spending target over the long term even after a 100 billion euro ($101 billion) special fund is used up, and accept a military leadership it earlier shied away from, its defence minister said.

Reuters · Sep 12, 2022

UK economy records ‘feeble’ rebound in July

Latest GDP growth figures come in lower than the 0.3% expected by most economists

Insider UK · Sep 12, 2022

'Downbeat outlook:' UK economy grew less than expected in July

THE UK economy grew by 0.2 in July, which is slower than expected, following a sharp drop in the previous month.

The National (Scotland) · Sep 12, 2022