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economic growth

Miftah hopes growth rate to reach 6.2 next year

WASHINGTON: Adviser to the Prime Minister on Finance Miftah Ismail has said the growth rate remained at 5.8 percent during the current year and is expected to touch 6.2 percent next year. In an interview with a US TV channel in…

Asia must spend $26 tn on infrastructure by 2030: ADB

HONG KONG: Asian nations must spend $26 trillion by 2030 on infrastructure to battle poverty, boost economic growth and fight climate change, the Asian Development Bank warned on Tuesday. In its "Meeting Asia's infrastructure needs"…