The Latest Breaking News from GDP

Pares 2022-23 growth to 7.8%, expects inflation to average 6.9%

Russia's invasion of Ukraine is derailing the global economy's recovery from the Covid-19 pandemic. The Organisation for Economic Cooperation and Development (OECD) is the latest to slash its global GDP growth forecast for 2022, from 4.5 percent projected in December to just 3 percent in its latest outlook. Driving that…

The United Arab Emirates' central bank said on Wednesday it expects real GDP growth to reach 4.2 percent next year, up from its earlier forecast of 3.3 percent. The central bank estimated the non-oil GDP growth to reach 3.9 percent in 2023 compared with previous estimates of 3.3 percent, while…

The army of perennial doomsayers about the financial condition of Social Security had to be a little crestfallen after the release of the program trustees' annual report last week.

The merger of True Corporation and Total Access Communication (DTAC) could reduce Thailand’s GDP growth by between 0.05% and 1.99%, depending on the level of collusion by the major operators after the merger takes place, according to a study by the National Broadcasting and Telecommunications Commission (NBTC).

NEW DELHI: The World Bank revised India's economic growth forecast for financial year 2022-23 to 7.5 per cent on Tuesday.

Saudi Arabia's gross domestic product grew 9.9% in the first quarter, the fastest in a decade and more than a flash estimate last month of 9.6%, official data showed on Tuesday. It was the fastest expansion since the third quarter of 2011 with the increase in oil production a key…

Jordan unveiled on Monday a major development strategy for the Middle Eastern country up to the next 10 years targeting doubling its growth to help it rejuvenate an economy hit by regional turmoil. The plan was a major plank of reforms pushed by King Abdullah since last year to help…

Finance Minister Katy Gallagher says the incoming Labor government has inherited the worst set of budget books in history. Is that correct? RMIT ABC Fact Check investigates.

Fiscal transparency and accountability must be ensured to create room for market confidence in a high public debt regime

NAINITAL/RUDRAPUR: On the occasion of World Environment Day, chief minister Pushkar Singh Dhami held a video-conferencing session with forest authorities and all 13 district magistrates. At the meeting, the CM asked authorities to assess the state's Gross Environment Product (GEP) at regular intervals.