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Europe resists energy crunch, boosting growth forecast

BRUSSELS: Europe's economy rode out the energy price crisis triggered by Russia's war on Ukraine with better-than-expected economic growth, Brussels said Monday, as it...

IMF revises Pakistan’s GDP forecast to 0.5% for FY23

WASHINGTON: The International Monetary Fund (IMF) has lowered Pakistan's current year growth forecast from 2 percent to 0.5 percent for the current fiscal year...

World Bank cuts Pakistan’s GDP forecast on rising rates, limited fiscal space

The World Bank sharply lowered Pakistan's current-year growth forecast, saying the country's economic growth prospects have weakened due to tighter financial conditions and limited...

IMF lifts 2023 growth forecast on China reopening, strength in US, Europe

SINGAPORE/WASHINGTON: The International Monetary Fund (IMF) on Tuesday raised its 2023 global growth outlook slightly due to "surprisingly resilient" demand in the United States...

UK employers cut growth forecasts

British Chambers of Commerce cut its forecast for economic growth this year and 2020 on Monday, blaming a slower global economy
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