News Articles

UAE Economy to Grow by 4% in 2024, Says IMF

UAE: The International Monetary Fund (IMF) said the UAE’s gross domestic product (GDP) will expand by 4 per cent in 2024, higher than earlier estimates, as the Gulf state is experiencing robust growth.

Read More

Malaysia 2021 fiscal outlook revised downward on pandemic risks

Against the backdrop of reduced revenue collection and increased stimulus spending from the Government stemming from the imposition of lockdowns for a far longer period than previously anticipated, Fitch Solutions Country Risk & Industry Research has lowered Malaysia’s 2021 fiscal deficit forecast to 7.4% of gross domestic product (GDP) from 6.4%.

Read More