Economy

"We will reduce the inflation to single digits again, and definitely, we will save our country from this problem," Erdogan told his supporters at the election campaign ceremony in the capital of Ankara, Xinhua news agency reported. When elaborating on his party's election manifesto, Erdogan said the ruling Justice and Development Party's (AKP) aimed to achieve annual economic growth of 5.5 per cent between 2024 and 2028, raising gross domestic product to $1.5 trillion by the end of 2028.

"Last year's political instability has carried over to combine with various economic crises and exacerbated business insecurity," Dawn news quoted the survey as saying. Wave-9 of the survey is based on interviews with around 520 business owners conducted in the first quarter of 2023 across Pakistan.

In its monthly outlook report, the economic adviser wing of the finance ministry also said that political instability has started feeding strong inflationary expectations, The Express Tribune reported. While holding back its inflation forecast figure for the outgoing month, the finance ministry painted a gloomy outlook of the economy.

Just 23,179 babies were born in January this year, sinking 6 per cent from a year earlier, according to the data from Statistics Korea. It marked the lowest number for any January since the statistics agency started compiling monthly data in 1981. The number of babies born in South Korea has been falling on-year for 86 consecutive months.

Just 23,179 babies were born in January this year, sinking 6 per cent from a year earlier, according to the data from Statistics Korea. It marked the lowest number for any January since the statistics agency started compiling monthly data in 1981, reports Yonhap News Agency. The number of babies born in South Korea has been.

Bangladesh Bank (BB) data showed the country's foreign exchange reserves stood at $32,333.71 million on February 28 compared with $32,222.6 million on January 31, reports Xinhua news agency. For a growing economy like Bangladesh, forex reserves equivalent to six months' import bills are considered adequate. With the existing reserves, however, central bank officials.

This has been forecast in a report prepared by the Economic Intelligence Unit (EIU), which was released on Tuesday, Samaa TV reported. With cost-of-living concerns weighing on the support of ruling parties, the EIU's baseline forecast was for opposition victories in the legislative polls scheduled to be held in Pakistan, the report said.

Even the clearance of salary bills has also been stopped. Top official sources confirmed to The News on Friday night that the operational cost related releases faced difficulties mainly because of lingering financial difficulties being faced by the country. Finance Division top guns did not respond. When Finance Minister Ishaq Dar was contacted.

The Taliban's takeover of Afghanistan in August 2021 worsened a major humanitarian crisis and triggered an economic collapse. Western donors abruptly cut off assistance to the heavily aid-dependent country and imposed sanctions on the new, unrecognised government.

It was the first decline since 1961, the final year of the famine brought on by failing economic policies during Mao Zedong's "Great Leap Forward", the campaign to transform China from a mostly agrarian society into an industrial one that ended in disaster, RFA reported.