The Latest Breaking News from GDP

Chartered accountant and campaigner, Professor Richard Murphy, says Prime Minister Liz Truss often mentions growth but never explains what she means, leaving us to work out what she's talking about

Business confidence sinks to lowest level since depth of Covid pandemic as rising costs hit households and companies

Kyiv economy will contract by 35% in 2022, compared with a 4.5% fall in Russian GDP

India’s economic growth is expected to decline to 5.7% this year from 8.2% in 2021, the UNCTAD Trade and Development Report 2022 projected on Monday

The Fiscal Policy Office (FPO) is to ask the Finance Ministry to consider winding down unnecessary measures related to tax waivers and tax deductions, in the wake of a decline in net government revenue as a proportion of GDP, says a ministry source who requested anonymity.

The Bank of Thailand plans to ask both banks and non-banks to cease encouraging unnecessary borrowing of unsecured loans early next year as it wants to see the ratio of household debt to be at a level not exceeding 80% of GDP.

SET-listed Gulf Energy Development, Thailand's biggest private power producer by market value, continues to ramp up growth of its energy business by selling electricity from its newly built gas-fired power generation unit in Chon Buri.

In 1981 Thatcher took the drastic but successful step of increasing taxes by 2% of GDP to tackle interest rates and inflation. But Truss has just done a reverse-Thatcher, says Oliver Hartwich

The Saudi Ministry of Finance disclosed estimates of its budgets until 2025, showing positive trends and expectations of sustainable financial surpluses during the medium term. The preliminary statement of the state’s general budget for the fiscal year 2023 expected total expenditures to reach about 1.11 billion riyals ($296 billion), and…