GDP

Oman’s Fiscal Renaissance, A Testament to Economic Resilience and Strategic Reforms

Under the wise leadership of His Majesty Sultan Haitham bin Tarik, Oman has orchestrated a remarkable fiscal resurgence, achieving substantial…

2 years ago

Oman’s Fiscal Turnaround, A Deep Dive into the 2023 Debt Reduction and 2024 Budgetary Plans

In a noteworthy fiscal turnaround, Oman's public debt has seen a substantial reduction, dropping to 35% of the GDP in…

2 years ago

Oman’s Economic Landscape, Navigating the Growth Trajectory in Q3 2023

In Q3 2023, Oman's economy displayed resilience with a 2.2% growth in real GDP, marking a positive rebound from a…

2 years ago

Assessing Canada’s Economic Challenges Amidst the Threat of Recession

The Canadian economy's recent performance paints a sobering picture, with stagnant GDP figures in August and a looming threat of…

2 years ago

Thailand’s New Prime Minister Pledges Swift Action on Economic Challenges

In his inaugural address to Parliament, Thailand's new Prime Minister, Srettha Thavisin, has set a proactive agenda for addressing the…

2 years ago

Oman’s Tourism Boom, A Catalyst for Economic Growth and Foreign Exploration

Oman's tourism sector experienced a remarkable resurgence in 2022, with a 47.3% increase in income, soaring to RO1.9 billion. Domestic…

2 years ago

Bank of England Set to Tackle Inflationary Pressures with Potential Interest Rate Hike

The Bank of England's potential interest rate hike reflects its commitment to tackling inflationary challenges and ensuring economic stability. As…

2 years ago

Philippine Economy Leads Amidst Southeast Asian Growth Challenges

The Philippines is a shining example of resilience amidst challenging regional economic conditions. The ADB's positive growth forecast for the…

2 years ago

Mobile Sector Adds $5.2 Trillion to Global Economy

Mobile technologies and services generated 5% of global GDP, a contribution that amounted to $5.2 trillion of economic value added.…

3 years ago

The United Nations World Tourism Organization (UNWTO) announced its commitment to sustainable tourism at Annual Investment Meeting

The United Nations World Tourism Organization (UNWTO) has announced their commitment to sustainable growth through the power of government and…

3 years ago