Browsing: Economy

A group of foreign bondholders have taken steps to force Ukraine to begin repaying its debts as soon as next year, the Wall Street Journal reported on Sunday. If they succeed, Kiev could hemorrhage $500 million every year on interest payments alone.

Kuwait’s economic growth (real GDP) projection for 2024 was revised by the World Bank to 2.8% y/y, higher than the 2.6% y/y forecasted earlier in January 2024 owing to expectations of phasing out of OPEC+ production cuts, according to Kuwait Financial Centre (Markaz).

Doha, Qatar: The Planning and Statistics Authority (PSA) have released the preliminary estimates of gross domestic product (GDP) at current and constant prices (2018=100) for the third quarter (Q3) of 2023. The estimates have been produced with data collected through the Quarterly Economic Indicator Survey and from other source agencies.