Keywords: Economic growth


Uganda and IMF Resume Talks on a New Financial Support Programme

Uganda is set to resume discussions with the International Monetary Fund (IMF) over a new financial support programme, as the East African country seeks to strengthen its economic outlook and secure a new framework for cooperation with the international lender. Sebastian Walker, the IMF's resident......

Morocco ranks first in North Africa for economic freedom, 54th globally

Morocco has strengthened its position on the global economic freedom landscape, ranking 54th out of 161 countries in the 2026 Economic Freedom Index, with a score of 63.74 points, according to data attributed to the British Legatum Institute. The result places Morocco at the top of the North African......

IMF to return to Uganda for talks on new economic support programme

The International Monetary Fund is preparing to send a team to Uganda in September for renewed discussions on a potential financial support programme, as the East African economy seeks to strengthen its public finances while preparing for a major shift linked to the expected start of crude oil production. The......

China’s industrial growth slows as weak consumption weighs on economic recovery

China’s economic recovery showed signs of losing momentum in July, as industrial production growth weakened and retail sales fell short of expectations. The latest figures point to continued pressure from fragile domestic demand, extreme weather disruptions and diminishing support from government......

Japan's economy keeps growing, but momentum falls short of expectations

Japan’s economy continued to expand in the second quarter of 2026, demonstrating unexpected resilience despite a challenging international environment. However, the pace of growth slowed more than economists had anticipated, raising fresh questions about the outlook for monetary policy and domestic......

Russia’s economy grows 1.3% in the second quarter amid stronger spending

Russia’s economy expanded by 1.3% in the second quarter of 2026, supported by government spending, stronger consumer activity and contributions from several key industries, according to Economic Development Minister Maxim Reshetnikov. The latest figure marks a significant improvement from the......

West Africa expected to record 4.6% economic growth in 2026

West Africa is expected to maintain relatively strong economic momentum in 2026 despite persistent uncertainty in the global economy. According to projections from the African Development Bank (AfDB), regional economic growth is forecast to reach 4.6% this year, following estimated growth of 4.8% in......

Singapore raises 2026 growth forecast as AI investment boosts the economy

Singapore has upgraded its economic outlook for 2026 after stronger-than-expected growth during the first half of the year, supported by rising global demand for artificial intelligence technologies and resilient international trade. The Ministry of Trade and Industry now expects the economy to expand......

Vietnam plans 30% tax cut for small businesses to boost economic growth

Vietnamese authorities are preparing a tax relief package aimed at small businesses, individual entrepreneurs and household enterprises as part of broader efforts to stimulate private-sector activity and sustain economic growth. Under the proposed measure, taxes would be reduced by 30% during 2026 and......