China plans record budget deficit of 4% of GDP in 2025: sources
STORY: Chinese leaders have agreed to raise the budget deficit to 4% of gross domestic product next year. The number would be the highest on record. That’s according to Reuters sources, who also said Beijing will stick to an economic…
Libya Economic Monitor : Stabilizing Growth and Boosting Productivity (Fall 2024) [EN/AR] – Libya
Attachments Libya’s Economic Outlook: Pathways to Sustainable Growth and Increased Productivity WASHINGTON, December 17, 2024 — Libya’s economy is expected to stabilize following an agreement ending the leadership crisis at the country’s central bank (CBL) that led to a significant…
Koreans don’t feel impact of remarkable gross national income growth
Vegetables are piled up at a stall in a nearly empty traditional market in Seoul, Nov. 5. Yonhap By Yi Whan-woo Koreans do not think their actual income increased as steeply as the gross national income (GNI) per capita, which…
GDP growth in Mobile could bring better wages and more jobs
MOBILE, Ala. (WALA) – The latest data from the Bureau of Economic Analysis shows some promising upward trends for Mobile County. The Mobile Chamber of Commerce made a big announcement Tuesday about the economic growth. The Chamber said Mobile County’s…
GDP growth slowing down to 5.4% in second qtr only a temporary blip: Sitharaman
Finance minister Nirmala Sitharaman on Tuesday said that economic expansion rate in the last three years had averaged 8.3% and that the “less than expected” 5.4% growth in the September quarter, which followed the quarter in which national polls were…
Key insights, growth trends, and economic outlook for
S&P Global projects U.S. economic growth of 2.7 percent in 2024 and 1.8 percent in 2025 The Gross Domestic Product (GDP) of the United States is a crucial indicator of the nation’s economic health, representing the total value of all…
MoCo’s Economy is Falling Behind: Real GDP
By Adam Pagnucco. Part One summarized the premise of this series: an examination of key stats from the U.S. Bureau of Economic Analysis (BEA) comparing Montgomery County to its largest neighbors. Part Two looked at population. Now let’s look at…
Treasury forecasts debt at 81.8% of GDP by 2027 | Economy
The National Treasury projects that public debt will only stabilize in 2028 after peaking at 81.8% of Gross Domestic Product (GDP) in 2027, according to the fiscal projections report released Monday. Despite the deterioration in its forecasts, the Treasury’s outlook…
County sees substantial growth in GDP, jobs
MOBILE, Ala. (WALA) – Mobile County’s economy has experienced substantial growth in both gross domestic product and employment numbers, according to the Mobile Chamber. The organization reports that Mobile County’s real gross domestic product, or GDP, increased by $1.13 billion…
Germany’s GDP expected to decline 0.2% in 2024: Bundesbank
Germany’s calendar-adjusted real gross domestic product (GDP) in 2024 is expected to decline 0.2 per cent, and to witness a slight growth of 0.2?per cent next year. The country’s economy is expected to witness a stronger growth of 0.8 per…