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Recommends broader approach to measuring economic success Onome Amuge Akinwumi Adesina, president of the African Development Bank (AfDB) has underlined the urgent need to align increased gross domestic product (GDP) growth with job…

US ISM Manufacturing PMI fell from 49.2 to 48.7 in May, below expectation of 49.8. Looking at some details, new orders fell from 49.1 to 45.4. Production fell from 51.3 to 50.2. Employment rose from 48.6 to 51.1. Prices fell from 60.9 to…

The draft law suggests approving total federal budget revenues in 2024 in the amount of 35.062 trillion rubles ($389.6 bln)

Get latest articles and stories on Business at LatestLY. S&P Global Market Intelligence asserts that weak private consumption in India remains the largest concern, with rural demand in particular still "straggling to catch up", at a time…

The region will see the fastest growth in with real GDP growth from an 1.5% in 2023 to 5.7% in 2025.

The Gross Domestic Product (GDP) report for Q1’24 recently released by the National Bureau of Statistics (NBS), which shows contraction in key sectors of the economy such as, manufacturing, agriculture and trade, suggests that the…

In commemoration of the 6th World Bicycle Day, Africa Urban Cycling Organization has said road crashes claim lives damage properties and render families helpless with its costs estimated at 3-5% …

The Minister of Solid Minerals Development, Dr. Dele Alake, has said the Federal Government is working towards ensuring that the solid minerals sector is able to contribute more to the...

According to him, negotiations are ongoing with an auditing firm to audit the sector aimed at sanitising it to ensure the appropriate accruals to boost the country’s GDP.

ABUJA (SUNDIATA POST)- “The ministry is determined to ensure that the solid minerals sector’s contribution to Nigeria’s Gross Domestic Product (GDP) surpasses that of oil.” The Minister of Solid Minerals Development, Dr Dele Alake said…

Adrian Ramsay says economic growth statistics do not capture how well the economy works for people.

ISLAMABAD: The Annual Plan Coordination Committee (APCC) on Friday cleared a National Development Plan (NAP) of over Rs3 trillion for 2024-25, including the federal Public Sector Development Programme (PSDP) of Rs1.221tr, to accelerate…

Omolabake Fasogbon The need for strengthening regional integration to enhance economic growth in Africa was recently reiterated at the Africa CEO Forum that held in Kigali, Rwanda, recently. Experts from

Indian economy grew by 8.2% in FY 2023-24, surpassing expectations, with fiscal deficit at 5.6%. Despite technical factors, economy shows resilience.

Prime Minister Narendra Modi announced that India's GDP growth for the fiscal year 2023–24 has reached 8.2%, highlighting the robust momentum of the Indian economy. The growth rate exceeds previous projections and marks a significant…

While Nigerians are caught in the complex web of the impact of petrol subsidy removal and insecurity, the latest first quarter 2024 Gross Domestic Report by the National Bureau of …

Mikhail Mishustin noted that wages are growing steadily, unemployment is decreasing and "good results" are being noted in terms of improving the business environment in the countries of the association

According to the National Statistical Office (NSO), the Indian economy grew by 8.2% in the fiscal year that ended in March.

The 1.7% rise in GDP was slower than the 2.2% growth economists anticipated and well below where the Bank of Canada expected the economy to be.