gdp

Egypt jumps 55 places in Open Budget Index: Finance Minister
Business

Egypt jumps 55 places in Open Budget Index: Finance Minister

Egyptian Finance Minister Mohamed Maait announced Monday that Egypt has jumped 55 positions in its budget transparency index the “Open…
Climate impacts ‘to cost world $7.9 trillion’ by 2050
Environment

Climate impacts ‘to cost world $7.9 trillion’ by 2050

Climate change could directly cost the world economy US$7.9 trillion by mid-century as increased drought, flooding and crop failures hamper…
Trend in gang crime bombings rock Sweden
World

Trend in gang crime bombings rock Sweden

Sweden, often held up as a safe and peaceful utopia, has experienced an unprecedented wave of bombings this year as…
Lebanon PM says accelerating reforms to rein in public debt: CNBC
Economy

Lebanon PM says accelerating reforms to rein in public debt: CNBC

BEIRUT (Reuters) – Lebanese Prime Minister Saad al-Hariri said his government would aim to cut the budget deficit to 7%…
Egypt sees lower budget deficit, higher primary surplus in FY 2019/20
Business

Egypt sees lower budget deficit, higher primary surplus in FY 2019/20

CAIRO, Sept 3 (Reuters) – Egypt is targeting a budget deficit of 7.2 percent this fiscal year, the finance minister…
Lebanese officials declare state of economic emergency
Middle East

Lebanese officials declare state of economic emergency

BEIRUT (AP) — Lebanon’s political leaders declared what they called an economic state of emergency Monday following a meeting aimed…
Egypt’s GDP growth seen slowing to 5.5% in current fiscal year: Reuters poll
Egypt

Egypt’s GDP growth seen slowing to 5.5% in current fiscal year: Reuters poll

CAIRO (Reuters) – Egypt’s economic growth is expected to slow to 5.5% in the fiscal year that began this month,…
Egypt’s inflation rate drops to 9.4 percent, GDP increases to 5.6 percent
Business

Egypt’s inflation rate drops to 9.4 percent, GDP increases to 5.6 percent

Egypt’s Minister of Finance Mohamed Maait said that the inflation rate dropped to 9.4 percent in July 2019 compared to 30…
Finance Minister expresses pride in Egypt’s economic performance
Economy

Finance Minister expresses pride in Egypt’s economic performance

During a press conference on Wednesday at the Cabinet headquarters to announce the Cabinet’s economic performance, Minister of Finance Mohamed…
Turkey’s economy to contract in 2019, limited growth ahead: Reuters Poll
Economy

Turkey’s economy to contract in 2019, limited growth ahead: Reuters Poll

ISTANBUL (Reuters) – Turkey’s economy is expected to contract in 2019 for the first time in a decade and to…
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