Tag: export growth
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BSP Warns of Wider BOP Deficit in 2026 Amid External Headwinds
BSP Revisions to the 2026 BOP Forecast The Bangko Sentral ng Pilipinas (BSP) has revised its outlook for the Philippines’ balance of payments (BOP), predicting a wider deficit in 2026 as external headwinds persist. This downward revision reflects continued pressure from global financial market volatility, higher import bills, and weaker capital inflows amid a challenging…
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Make in India Electronics: PLI Spurs 1.33 Million Jobs and Rising Smartphone Exports
Overview: A Turning Point for India’s Electronics Sector India’s electronics industry has entered a new era of rapid growth, driven by the Production-Linked Incentive (PLI) scheme. Over the past five years, the sector has created about 1.33 million jobs, underscoring a successful push to make the country a global hub for electronics manufacturing. The program…
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Nigeria Surges Forward: Exits FATF Grey List and Posts a N6.69 Trillion Q3 Trade Surplus
Nigeria Breaks Ground: FATF Grey List Exit and a Robust Q3 Trade Surplus Nigeria has achieved two major milestones in quick succession, signaling a strengthened macro outlook for the economy. The federal government announced that the country has exited the Financial Action Task Force (FATF) Grey List and, in the same breath, reported a substantial…
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Uganda Charts a Bold Path to Revive the Fish Sector with a 2028 Target
Uganda Sets Ambitious Target to Revive Its Fish Sector Uganda is signaling a renewed commitment to its fisheries industry, unveiling a comprehensive plan to boost production to 183,000 metric tonnes by 2028. The initiative emerged from a high-level breakfast meeting organized by the Ministry of Trade, Industry and Cooperatives (MTIC) in partnership with the Uganda…