Tag: Economic Growth
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Namibia Sets Ambitious Growth Target for Fisheries in 2030 under NDP6
Today, Namibia unveiled a concrete growth goal for its fisheries sector as part of the Sixth National Development Plan (NDP6). The government intends to lift the sector’s contribution to the national economy from about N$10.4 billion to N$10.7 billion by 2030, equating to a pivotal N$300 million increase in annual economic value. This target reflects…
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Namibia Targets N$300 Million Growth in Fisheries Sector by 2030
Namibia Sets Ambitious Fisheries Growth Target for 2030 Namibia has unveiled an ambitious target to enhance the contribution of its fisheries sector to the national economy. Under the country’s sixth National Development Plan (NDP6), the government aims to raise the sector’s economic contribution from about N$10.4 billion to N$10.7 billion by 2030—a growth of around…
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Carney Unveils Deputy Minister Shuffle to Fast-Track Economic Growth and Defence Priorities
New leadership in core ministries signals a strategic reset Prime Minister Mark Carney has announced a high-profile reshuffle of deputy ministers, aiming to inject fresh energy into the government’s most urgent policy priorities. The move places new leaders at the helm of the economy and national defence, underscoring the administration’s focus on sustained growth, resilience…
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Carney Shuffle: New Deputy Ministers for Growth & Defence
Carney Announces Major Deputy Minister Shuffle In a move many observers have anticipated, Prime Minister Mark Carney unveiled a significant reshuffle of deputy ministers, aiming to align the civil service with the government’s top priority files. The changes place fresh faces in control of two of the administration’s most critical portfolios: economic growth and national…
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Ethiopia Eyes 7.3% Growth in 2026, Yet Political and Financial Strains Could Dim Momentum
Overview: Strong Growth with Caution on the Horizon Ethiopia is shaping up to be one of the world’s fastest-growing economies in 2026, with FocusEconomics forecasting a 7.3% expansion. This projection places the country among the top performers globally as it continues to implement structural reforms aimed at attracting investment, boosting productivity, and diversifying its economy…
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Ethiopia’s 2026 Growth Outlook: 7.3% Amid Political and Financial Risks
Ethiopia’s 2026 Growth Forecast Faces Political and Financial Hurdles Ethiopia is projected to be among the world’s fastest-growing economies in 2026, with a FocusEconomics consensus foreseen at about 7.3% growth. The positive outlook reflects ongoing structural reforms, public investment, and a gradual recovery in key sectors. However, the path forward is not without significant headwinds.…
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Ethiopia’s Growth Momentum Faces Political Strains and Financial Risks
Overview: A Fast-Growing Economy Under Challenge Ethiopia is shaping up to be one of the world’s fastest-growing economies in 2026, with a projected expansion of about 7.3 percent according to the FocusEconomics consensus forecast. The growth is driven by a mix of structural reforms, investment in infrastructure, and a surge in export-oriented activities. Yet behind…
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Canada and Ontario Sign Landmark Pact to Speed Up Major Projects
Overview of the Agreement In a move aimed at turbocharging Ontario’s infrastructure and economic growth, the federal government of Canada and the provincial government of Ontario have signed a new agreement focused on accelerating the construction of major projects. The pact signals a coordinated effort to streamline processes, improve coordination among agencies, and reduce delays…
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Ontario and Canada Reach Pact to Fast-Track Major Construction Projects
Overview of the Agreement In a bid to accelerate infrastructure development across Ontario, the federal government and the provincial administration have signed a comprehensive agreement aimed at speeding up the planning, approvals, and execution of major construction projects. The pact signals a coordinated effort to streamline processes, mobilize resources, and reduce red tape that often…
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ECB Holds Rates Steady as Outlook Improves: What It Means for the Euro Zone
ECB Holds Rates Steady Amid Upgraded Growth Outlook The European Central Bank (ECB) announced today that it would keep its policy rates unchanged, but it upgraded its projections for growth and inflation for the euro area. The decision signals a shift in sentiment—one that suggests the central bank expects the economy to recover more robustly…