FINANCE Secretary Ralph G. Recto expressed optimism the national government’s budget deficit, measured against the gross domestic product (GDP),...
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The government intends to have more controlled spending by strictly adhering to the guidelines for Preparation, Appraisal and Approval of Projects under the Public Sector Investment Programme. Finance Minister Biman Prasad states that government spending is projected to decrease from 32.5 percent of Gross Domestic Product in the financial year 2024-2025 to 28.1 percent of […]
FINANCE Secretary Ralph G. Recto expressed optimism the national government’s budget deficit, measured against the gross domestic product (GDP),...
The Russian government wants to earmark 32.5 percent of its spending for defense in 2025, a record amount and up from a reported 28.3 percent this...
Deputy Prime Minister and Finance Minister Professor Biman Prasad says a silo approach to service delivery has limited the effectiveness of the...
Russian authorities are planning to further raise next year’s defense budget, while Kremlin officials are trying to focus public attention on...
Ghana’s debt stock has reached GH₵ 761.2 billion representing 75.7 percent of the country’s gross domestic product (GDP) by July 2024. Compared...
In 2025, Russia plans to increase its defense spending to $142 billion, which will account for 6.2% of the country's GDP, according to an analysis...
For Nigeria to achieve the $1trillion Gross Domestic Product (GDP) by 2026, the Nigeria Deposit Insurance Corporation (NDIC), among other...
Source: Currency crisis piles more misery on fragile economy – The Zimbabwe Independent LEADING economists this week warned of potentially dire...
India Poised to Become World’s Third-Largest India, the world’s fastest-growing major economy, is on track to become the third-largest economy by...
CAIRO, Oct. 3 (Xinhua) -- The growth rate of Egypt's gross domestic product slowed to 2.4 percent in the fiscal year 2023/24 that ended in June, down...