Friday, April 19, 2024

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GDP

Canada Immigration 

Canada has G7’s 2nd highest projected real GDP growth in 2023 and 2024

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Credit to Author: Vimal Sivakumar| Date: Tue, 25 Apr 2023 13:00:13 +0000

According to the International Monetary Fund (IMF), Canada trails only the United States (in 2023) and Spain (in 2024) with respect to projected Real GDP (Gross Domestic Product) growth over the next two years. Real GDP is a commonly used indicator of a country’s overall economic health. In 2023, the U.S. is projected to see […]

The post Canada has G7’s 2nd highest projected real GDP growth in 2023 and 2024 first appeared on CIC News.

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Manila News Philippines 

S&P cuts PH growth forecast to 6.1%

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Credit to Author: Mayvelin U. Caraballo, TMT| Date: Wed, 19 Feb 2020 17:37:23 +0000

S&P Global Ratings has trimmed its growth outlook for the Philippine economy this year as it believes the coronavirus disease 2019 (Covid-19) outbreak will weaken the country’s supply chains. The credit rating agency now projects Philippine gross domestic product (GDP) to expand by 6.1 percent, lower than its previous forecast of 6.2 percent. The updated […]

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Manila News Philippines 

GDP growth seen to pick up to 6.3% – Maybank

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Credit to Author: Mayvelin U. Caraballo, TMT| Date: Thu, 30 Jan 2020 16:18:42 +0000

THE Philippine economy is expected to rebound in 2020 after falling to an eight-year low last year on the back of monetary policy easing, increased government spending and more tax reforms, according to an analyst from Maybank Kim Eng. In a briefing in Makati City on Thursday, the bank’s chief economist Suhaimi Ilias said the […]

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Manila News Philippines 

Q4 GDP seen hitting 6.6%

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Credit to Author: The Manila Times| Date: Wed, 04 Dec 2019 09:00:37 +0000

THE Philippine economy likely grew faster in the fourth quarter of the year on the back of the latest positive developments, an ING Bank economist said. “Fourth quarter 2019 GDP (gross domestic product) to hit 6.6 percent . . . ,” ING Bank senior economist Nicholas Antonio Mapa estimated in a report released on Wednesday. […]

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Inquirer News Philippines 

China GDP growth slows to 6.2% in second quarter

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Credit to Author: jespinosa| Date: Mon, 15 Jul 2019 02:45:15 +0000

China’s growth slowed to its weakest pace in almost three decades in the second quarter, with the US-China trade war and weakening global demand weighing on the world’s number-two economy, official data showed Monday.

The post China GDP growth slows to 6.2% in second quarter appeared first on Inquirer News.

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Manila News Philippines 

Local borrowings push debt-to-GDP ratio up 

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Credit to Author: The Manila Times| Date: Thu, 23 May 2019 06:26:20 +0000

DOMESTIC borrowings by the national government pushed the country’s debt-to-gross domestic product ratio higher at end-March, the Department of Finance (DoF) reported on Thursday. National government’s debt as a percentage of…READ

The post Local borrowings push debt-to-GDP ratio up  appeared first on The Manila Times Online.

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Inquirer News Philippines 

Budget delay blamed for 4-year low GDP growth, recovery seen

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Credit to Author: ggaviola| Date: Thu, 09 May 2019 15:49:46 +0000

MANILA, Philippines – Malacañang on Thursday blamed the delay in the approval of the P3.7-trillion 2019 national budget for the four-year low Philippines’ economic growth.

The post Budget delay blamed for 4-year low GDP growth, recovery seen appeared first on Inquirer News.

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Manila News 

Fitch Ratings trims PH growth forecast

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Credit to Author: The Manila Times| Date: Wed, 24 Apr 2019 08:41:51 +0000

DEBT watcher Fitch Ratings cut its gross domestic product (GDP) growth forecast for the Philippines this year, tagging the delayed national budget and external factors as reasons for the downward adjustment….READ

The post Fitch Ratings trims PH growth forecast appeared first on The Manila Times Online.

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Manila News 

Govt investments-to-GDP hits 5.4% in 2018

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Credit to Author: The Manila Times| Date: Wed, 10 Apr 2019 06:06:47 +0000

NATIONAL government investments surged last year on the back of stringent project evaluations, the Department of Finance (DoF) said. Public investments last year surged to P940.4 billion, equivalent to 5.4…READ

The post Govt investments-to-GDP hits 5.4% in 2018 appeared first on The Manila Times Online.

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