Tag: Economic Growth
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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…
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Swiss Exports to US Rise After Bilateral Trade Deal Reached
Background: A New Bilateral Trade Framework The long-awaited bilateral trade agreement between Switzerland and the United States has begun to reshape economic ties, with Swiss exports to the US rising notably since the deal came into effect. The agreement aims to reduce trade barriers, simplify customs procedures, and provide greater certainty for exporters on both…
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Swiss Exports to the US Jump on a New Trade Deal Reached
Overview: A Turn in Swiss-US Trade Recent data shows Swiss exports to the United States edging higher as a fresh trade agreement comes into force, signaling a renewed warmth in bilateral commerce. The deal, designed to streamline customs, reduce tariffs, and simplify regulatory hurdles, has helped Swiss manufacturers and service providers reach American markets more…
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Ilocos Sur Tops 2024 COA Revenue List, Dragging Bulacan to Second
Overview: Ilocos Sur tops COA 2024 revenue ranking In a surprising shift for the fiscal landscape, Ilocos Sur has been named the country’s top revenue-earning province for 2024 by the Commission on Audit (COA). The province dethroned Bulacan, which had dominated the rankings in recent years, signaling a pivotal change in the regional economic balance…
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Philippines Growth Forecast 2025: IMF Sees 5.1% Pace
IMF projects slower growth for the Philippines in 2025 The International Monetary Fund (IMF) has revised its outlook for the Philippines, forecasting a growth rate of 5.1% for 2025. The revision reflects a blend of external headwinds and domestic policy dynamics that weigh on export performance and investment sentiment. After a year of mixed signals…