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Keywords: GDP
Bulgaria's parliament has approved the country's long-awaited 2026 budget, setting out plans for a larger fiscal deficit as the government seeks to support economic growth following months of political uncertainty. The budget projects the deficit to reach 5.7% of gross domestic product (GDP)......
The Moroccan economy is expanding at its fastest pace in more than ten years, heavily propelled by a boom in infrastructure investments and a notable recovery in the agricultural sector, according to a recent World Bank report. Released in its summer economic update titled "Cementing Growth: Digital......
Kenya expects its budget deficit to decline significantly in the 2027/28 fiscal year, as the government projects improved fiscal management and stronger economic performance, according to a senior official from the Finance Ministry. Chris Kiptoo, Principal Secretary at the Finance Ministry, said the......
The International Monetary Fund (IMF) has identified rising oil prices and the risk of a weak monsoon season as the two biggest threats to India's economic growth in the 2026/27 fiscal year, highlighting growing external and climate-related challenges for the world's fastest-growing major economy. According......
Morocco's High Commission for Planning (HCP) expects the country's trade deficit to widen temporarily in 2026 before improving in 2027, reflecting both external economic pressures and the resilience of key domestic sectors. According to the HCP's latest economic outlook, the trade deficit......
The International Monetary Fund (IMF) expects the United Arab Emirates to experience a temporary slowdown in economic activity during 2026 before returning to stronger growth in 2027, supported by higher oil exports and resilient public finances. In its latest assessment following the annual consultation......
Britain's economy returned to modest growth in May, supported by continued expansion in the services sector despite weaker performances in manufacturing and construction, according to the latest official economic data. Figures released by the Office for National Statistics (ONS) showed that gross......
The South Korean government has raised its 2026 economic growth forecast to 3%, citing strong momentum in the semiconductor industry, resilient exports, and expectations of improved global economic conditions. According to the government's updated economic policy for the second half of the year,......
Brazil’s economy is expected to continue expanding at a moderate pace after the country’s October presidential election, although analysts warn that weaker agricultural production and persistent fiscal pressures could limit stronger growth in the years ahead. A Reuters survey of economists......