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Morocco will struggle to lift growth rates

Location:

MOROCCO

This is below the medium-term target of average annual real GDP growth of 6%, with economic performance largely affected by poor agricultural harvests. There was a modest recovery…

Economic improvement in Chile will remain moderate

Location:

CHILE

The figures also indicate that the imbalances created by pandemic-related injections of liquidity in 2000 and 2021 have largely been corrected.

Cleaner GDP as nations grow helps to cut CO2 emissions

Location:

INTERNATIONAL

The energy intensity of production declines as economies become more prosperous, and since 2000 emissions from energy production have fallen. The extent to which these trends will…

Tourism to drive Belize economic growth amid slowdown

Location:

BELIZE

Real GDP surged by 15% in 2021 and 12% in 2022, then by 4% in 2023. With inflation easing, risks of social instability have probably fallen over the past year, but growth looks…

Downside risks to China’s growth target are mounting

Location:

CHINA

The 6.3% year-on-year growth posted for the second quarter was distorted by COVID-19 lockdowns in Shanghai and other major cities in the same period last year. Accordingly…

Gulf economies are on a stable track despite risks

Location:

GULF STATES

The IMF has revised downwards its forecast for Saudi GDP growth in 2024 to 2.7% but raised its 2025 forecast to 5.5%. This reflects a positive medium-term outlook for the Gulf…

Seoul’s quest for new growth engines may prove elusive

Location:

SOUTH KOREA

The New Growth Strategy 4.0 is the latest of several industrial strategies over the past decade and a half, as successive presidents have sought responses to gradually slowing GDP…

Outlook is mixed for Indonesian economy

Location:

INDONESIA

A key driving factor was soaring government consumption ahead of the February general election, which included the race to succeed Joko ‘Jokowi’ Widodo as president, won by…

Investor confidence in Turkey will rise slowly

Location:

TURKEY

The move is part of the government’s new more orthodox economic policy, which was adopted following President Recep Tayyip Erdogan’s re-election in May. The change of policy…

Canada's economy will affect political outlook in 2024

Location:

CANADA

The economy has not grown in the past two quarters and, on a per capita basis, has declined for six consecutive quarters. With the Bank of Canada ruling out interest rate cuts…