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PSST GGOOBI MEETS PROSPECTIVE DEVELOPMENT PARTNERS IN UK: The Permanent Secretary and Secretary to the Treasury (PSST),Ramathan Ggoobi has given assurance to prospective development partners in the United Kingdom that Uganda has a stable and well managed macroeconomy with significant growth potential over the long term. He said the...

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Ministry of Finance

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Secretary Howard Lutnick on the historic Japan deal: "The Japanese have given President Trump $550 billion for President Trump to direct where and how he wants it invested in America. And if you think about that, that's half a percent of GDP growth per year for the rest of his term, given to Donald Trump by the Japanese in order to build in America for our national and economic security."
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Secretary Howard Lutnick on the historic Japan deal: "The Japanese have given President Trump $550 billion for President Trump to direct where and how he wants it invested in America. And if you think about that, that's half a percent of GDP growth per year for the rest of his term, given to Donald Trump by the Japanese in order to build in America for our national and economic security."

U.S. Department of Commerce

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Prime Minister Shehbaz Sharif stressed the need to focus on sustainable economic growth, job creation, and export promotion, as the country has successfully restored macroeconomic stability through a collaborative team effort. The prime minister, in his virtual address at the Gong Ceremony, held in Karachi, to celebrate the listing of the Naya Nazimabad Apartment REIT scheme, lauded the joint efforts of the federal and provincial governments and financial institutions in steering the national economy out of severe challenges. The prime minister was accompanied by federal ministers Attaullah Tarar, Mian Riaz Hussain Pirzada, Dr. Musadik Malik, and others. Finance Minister Muhammad Aurangzeb, the Governor of the State Bank of Pakistan, prominent business leader Arif Habib, and leading corporate figures attended the event which started with the cake-cutting to celebrate the occasion. Recalling his recent interactions with international bankers and financial leaders in New York and London, including executives from Citibank, JPMorgan, and Barclays and the Managing Director of the International Monetary Fund, the prime minister noted that global financial institutions had commended Pakistan’s implementation of long-overdue structural reforms, creating an attractive ecosystem for investment. He particularly thanked the finance minister, cabinet members, the Federal Board of Revenue (FBR), and federal secretaries for establishing a replicable model of teamwork to achieve macroeconomic stability that has brought Pakistan back onto the path of sustainable development. He said that the successful implementation of reforms and macroeconomic stability were the result of a cohesive partnership between the political hierarchy and military leadership working in complete harmony. Highlighting key economic indicators, he pointed out that Pakistan successfully achieved a $3 billion Eurobond issuance with $6 billion in offers, while State Bank foreign exchange reserves have risen to around $21.4 billion, alongside commercial bank reserves of $5.5 billion. He said that foreign remittances and IT exports were on an upward trajectory, while the Roshan Digital Account was performing robustly. However, stressing the shift from stabilisation to growth, Prime Minister called for efforts to achieve economic growth driven by technology, employment generation, production, and exports to boost the national economy. The prime minister recalled that the federal budget for 2026–27 offered hundreds of billions of rupees in tax breaks and incentives for exporters, manufacturers, and industries, including the construction sector. He said the incentives introduced by the government for the construction sector were coming to fruition. He specifically commended the real estate and industrial initiatives spearheaded by business leaders like Arif Habib in Lahore and Karachi under the REIT structure, urging further modernisation and improvement of the stock exchange and capital markets by studying other markets in the region. The prime minister expressed deep concern over the poor performance of certain industries having received heavy subsidies and tariff walls,and making commitments repeatedly to ensure import substitution and promote competitiveness. He called for an honest approach prioritising national interest over personal gains, stressing that progress relied on modernised machinery, productivity, and hard work. Prime Minister particularly appreciated Chief of Defence Forces and Chief of the Army Staff, Field Marshal Syed Asim Munir, for his steadfast support and commitment to national security and economic progress,acting as a great partner throughout the journey. He also lauded the Chairman NAB for recovering public land worth billions of rupees and the plan to establish a land bank. He reiterated his resolve that through such dedicated efforts and commitment, Pakistan would emerge as a powerful economy and earn fame in the comity of nations.
12:12

Prime Minister Shehbaz Sharif stressed the need to focus on sustainable economic growth, job creation, and export promotion, as the country has successfully restored macroeconomic stability through a collaborative team effort. The prime minister, in his virtual address at the Gong Ceremony, held in Karachi, to celebrate the listing of the Naya Nazimabad Apartment REIT scheme, lauded the joint efforts of the federal and provincial governments and financial institutions in steering the national economy out of severe challenges. The prime minister was accompanied by federal ministers Attaullah Tarar, Mian Riaz Hussain Pirzada, Dr. Musadik Malik, and others. Finance Minister Muhammad Aurangzeb, the Governor of the State Bank of Pakistan, prominent business leader Arif Habib, and leading corporate figures attended the event which started with the cake-cutting to celebrate the occasion. Recalling his recent interactions with international bankers and financial leaders in New York and London, including executives from Citibank, JPMorgan, and Barclays and the Managing Director of the International Monetary Fund, the prime minister noted that global financial institutions had commended Pakistan’s implementation of long-overdue structural reforms, creating an attractive ecosystem for investment. He particularly thanked the finance minister, cabinet members, the Federal Board of Revenue (FBR), and federal secretaries for establishing a replicable model of teamwork to achieve macroeconomic stability that has brought Pakistan back onto the path of sustainable development. He said that the successful implementation of reforms and macroeconomic stability were the result of a cohesive partnership between the political hierarchy and military leadership working in complete harmony. Highlighting key economic indicators, he pointed out that Pakistan successfully achieved a $3 billion Eurobond issuance with $6 billion in offers, while State Bank foreign exchange reserves have risen to around $21.4 billion, alongside commercial bank reserves of $5.5 billion. He said that foreign remittances and IT exports were on an upward trajectory, while the Roshan Digital Account was performing robustly. However, stressing the shift from stabilisation to growth, Prime Minister called for efforts to achieve economic growth driven by technology, employment generation, production, and exports to boost the national economy. The prime minister recalled that the federal budget for 2026–27 offered hundreds of billions of rupees in tax breaks and incentives for exporters, manufacturers, and industries, including the construction sector. He said the incentives introduced by the government for the construction sector were coming to fruition. He specifically commended the real estate and industrial initiatives spearheaded by business leaders like Arif Habib in Lahore and Karachi under the REIT structure, urging further modernisation and improvement of the stock exchange and capital markets by studying other markets in the region. The prime minister expressed deep concern over the poor performance of certain industries having received heavy subsidies and tariff walls,and making commitments repeatedly to ensure import substitution and promote competitiveness. He called for an honest approach prioritising national interest over personal gains, stressing that progress relied on modernised machinery, productivity, and hard work. Prime Minister particularly appreciated Chief of Defence Forces and Chief of the Army Staff, Field Marshal Syed Asim Munir, for his steadfast support and commitment to national security and economic progress,acting as a great partner throughout the journey. He also lauded the Chairman NAB for recovering public land worth billions of rupees and the plan to establish a land bank. He reiterated his resolve that through such dedicated efforts and commitment, Pakistan would emerge as a powerful economy and earn fame in the comity of nations.

Prime Minister's Office

13,487 просмотров • 1 день назад

Over the past few days, we have convened the world’s leading economic policymakers and business leaders here in Asheville around a common purpose of stronger growth. Every discussion brought us back to the same conviction: growth is the strongest foundation for durable prosperity. The private sector does not just participate in economic growth. It is the engine of economic growth. That is the approach the United States has brought to our G20 Presidency: a focus on results. And here in Asheville, we have delivered.
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Over the past few days, we have convened the world’s leading economic policymakers and business leaders here in Asheville around a common purpose of stronger growth. Every discussion brought us back to the same conviction: growth is the strongest foundation for durable prosperity. The private sector does not just participate in economic growth. It is the engine of economic growth. That is the approach the United States has brought to our G20 Presidency: a focus on results. And here in Asheville, we have delivered.

Treasury Secretary Scott Bessent

278,143 просмотров • 1 месяц назад

This man, William Ruto, isn't receiving his followers he rightly deserves... In 2022, inflation was 9.6%; it's now 3.8% in 2025. The Kenyan shilling against major currencies has stabilised—from KES 162 in 2022 to KES 129 in 2025 against the dollar. Kenya's foreign exchange reserves hit an all-time high of around $11 billion last month. Kenya's economic growth has made remarkable strides, surpassed that of Ethiopia, and become the 6th in Africa from 8th. All these strides, are as a result of bold and strategic measures under taken in the last 2.5 years.
3:48

This man, William Ruto, isn't receiving his followers he rightly deserves... In 2022, inflation was 9.6%; it's now 3.8% in 2025. The Kenyan shilling against major currencies has stabilised—from KES 162 in 2022 to KES 129 in 2025 against the dollar. Kenya's foreign exchange reserves hit an all-time high of around $11 billion last month. Kenya's economic growth has made remarkable strides, surpassed that of Ethiopia, and become the 6th in Africa from 8th. All these strides, are as a result of bold and strategic measures under taken in the last 2.5 years.

Bianca™

21,883 просмотров • 1 год назад

Prime Minister Abiy Ahmed officially commenced the nine-month performance review for the 2017 E.C. earlier today. The session began with a macroeconomic presentation, which provided an overview of the impact of global economic trends on the local economy, as well as an update on the progress of ongoing macroeconomic reforms. It was highlighted that the global economy is projected to grow by 3.3% in 2025, with most regions, including sub-Saharan Africa, showing positive trends. Ethiopia’s growth is forecasted at 8.4%. As a result of Ethiopia’s macroeconomic reform program aimed at fostering a stable macro environment, both savings and investments have shown an upward trajectory. The external debt-to-GDP ratio has significantly declined, currently standing at 13.7%. Furthermore, the introduction of a new foreign exchange regime has led to increased remittance inflows and a rise in foreign currency reserves. Export earnings from agriculture, mining, industry, and electricity have all seen an increase compared to the same period last year, with the top five export earners comprising coffee, gold, pulses, oilseeds, flowers, and electricity. The review also highlighted notable progress in key infrastructure and large-scale projects. The Grand Ethiopian Renaissance Dam (GERD), for instance, has reached 98.66% completion, with six units currently operational. This morning’s presentation concluded with a review of sustainable development efforts, emphasising inclusivity as a key performance indicator. It also outlined initiatives aimed at creating an enabling environment for sustainable development. #PMOEthiopia
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Prime Minister Abiy Ahmed officially commenced the nine-month performance review for the 2017 E.C. earlier today. The session began with a macroeconomic presentation, which provided an overview of the impact of global economic trends on the local economy, as well as an update on the progress of ongoing macroeconomic reforms. It was highlighted that the global economy is projected to grow by 3.3% in 2025, with most regions, including sub-Saharan Africa, showing positive trends. Ethiopia’s growth is forecasted at 8.4%. As a result of Ethiopia’s macroeconomic reform program aimed at fostering a stable macro environment, both savings and investments have shown an upward trajectory. The external debt-to-GDP ratio has significantly declined, currently standing at 13.7%. Furthermore, the introduction of a new foreign exchange regime has led to increased remittance inflows and a rise in foreign currency reserves. Export earnings from agriculture, mining, industry, and electricity have all seen an increase compared to the same period last year, with the top five export earners comprising coffee, gold, pulses, oilseeds, flowers, and electricity. The review also highlighted notable progress in key infrastructure and large-scale projects. The Grand Ethiopian Renaissance Dam (GERD), for instance, has reached 98.66% completion, with six units currently operational. This morning’s presentation concluded with a review of sustainable development efforts, emphasising inclusivity as a key performance indicator. It also outlined initiatives aimed at creating an enabling environment for sustainable development. #PMOEthiopia

Office of the Prime Minister - Ethiopia

33,997 просмотров • 1 год назад

Dr Pali Lehohla says South Africa’s economy should be 3x what it is, but the government is too stupid, corrupt and greedy. Dr Lehohla’s assessment resonate with many people because because it presents a straightforward diagnosis that if you simply root out corruption and adopt better ideas, the potential of the economy will be unlocked. By saying that it’s just stupidity, corruption and lack of “imagination”, Dr Lehohla appears to disregard how South Africa’s economy is structured. For starters, South Africa’s policy strategy, particularly since 1996 and especially in 2000 with the introduction of inflation-targeting, has relied heavily on attracting foreign portfolio flows to cover its chronic current account deficit. This is what has largely kept South Africa as Africa’s leading economy. The steady flow of hundreds of billions of dollars helps South Africa cover its foreign currency shortages which it desperately needs to trade in international markets. Now, to keep these financial inflows coming, National Treasury and the South African Reserve Bank must prioritise high real interest rates and financial market stability to reassure foreign bondholders that SA is a safe space for their dollars, pounds and euros. Although these high interest rates attract foreign bond buyers, they also make borrowing expensive for local businesses, which stifles job creation, hence SA’s high unemployment rate. To National Treasury and the Reserve Bank, these are just the costs of doing business. The point is that contrary to popular belief, the Treasury isn’t acting out of ignorance or lack of vision. They are aware that if they were to deviate too sharply to pursue aggressive growth policies, they would risk a currency collapse, soaring inflation and other quite serious economic problems they would rather not deal with. Someone may argue that adopting these policies all those years ago in the first place *is* the stupidity Dr Lehohla is lamenting. This may very well be the case, but still, there were reasons beyond just a lack of imagination. For one, when the original GNU took office in 1994, it inherited an economy that had been isolated by sanctions, burdened by high public debt and severely capital-starved. The South African Reserve Bank had virtually no foreign exchange reserves to defend the currency or finance international trade. The SARB had no reserves because its senior officials had pilfered and looted the money when it started looking apparent that the White minority government would collapse. Because of this, South Africa had gone from an economy designed to comfortably serve 10% of the population, to one that had to service tens of millions more overnight. But the internal savings were far too low to finance the massive infrastructure and industrial development needed for this. To grow the economy and meet these new social goals, South Africa needed to import capital equipment and consumer goods. However, the country needed to importing far more than it was exporting which created a persistent current account deficit and without domestic savings to bridge the gap, the government had to desperately attract foreign capital. That’s how the foreign investors came swooping in. But there was also something that happened in the early 1990s that spooked the ANC and convinced leadership at National Treasury and the Reserve Bank that the country was hyper-vulnerable to foreign currency shortages. In early 1996, South Africa experienced a sudden capital outflow when rumours and market uncertainty caused foreign investors to pull short-term capital out of the country. As a result, the Rand depreciated by over 20% in a few months and because official foreign exchange reserves were so low, the Reserve Bank was powerless to defend the currency. So, to prevent currency collapses that would spark runaway inflation and destroy purchasing power, the government concluded it had to prioritise foreign investor confidence above everything else. So, in response to the 1996 crisis, the ANC shifted away from the state-led Redistribution and Development Programme and introduced GEAR which committed the country to the public budget and removing foreign exchange controls to reassure foreign investors that they could move their money in and out freely. In short, South Africa adopted the current way of doing things as a deliberate strategy to solve the fundamental dilemma of how to finance a growing, open economy with insufficient domestic savings and low foreign exchange reserves. Now, to be fair to Dr Lehohla, he could be saying they were stupid and spineless for caving to foreign pressure when they could have stood their ground and doubled down on state-led industrial development. In which case, I tend to agree. I would go a bit further and say what Treasury is doing may have been a necessity in 1996, but was already unnecessary by 2006, let alone in 2026. South Africa now has $75 to 80 billion in gross reserves vs. almost zero in 1996. So, the original scarcity rationale is diminished. Yet Treasury has continuously been running an austerity programme, even during commodity booms like in the 2000s when it could have built fiscal buffers and invested in infrastructure. So Dr Lehohla’s lack of imagination accusation appears to land when you ask *why* the ANC government never adapted its strategy throughout the decades as conditions changed. The answer to this question is disheartening. The reality is that if the government, through Treasury, were to attempt to change its economic trajectory, what happened in 1996 would repeat. Vested interests would pull capital, short the rand, spread negative news and systematically suffocate the economy until the government falls back in line. Still, Dr Lehohla is correct that the ANC has been stupid for a while. In the last twenty years they could have built countervailing power like through a sovereign wealth fund, a regional payment system outside dollar dominance, strategic reserves of essentials or diversified trading partners to reduce USD dependency. Instead, they accepted dependence on short-term foreign dollars, which is why they now have to keep going back to the IMF and World Bank to borrow more of those dollars. Similarly, the National Treasury has internalised the market’s preferences so completely that they now believe austerity is good policy instead of coercion. As Antonio Gramsci warned, the dominant ideology has now become common sense.
1:15

Dr Pali Lehohla says South Africa’s economy should be 3x what it is, but the government is too stupid, corrupt and greedy. Dr Lehohla’s assessment resonate with many people because because it presents a straightforward diagnosis that if you simply root out corruption and adopt better ideas, the potential of the economy will be unlocked. By saying that it’s just stupidity, corruption and lack of “imagination”, Dr Lehohla appears to disregard how South Africa’s economy is structured. For starters, South Africa’s policy strategy, particularly since 1996 and especially in 2000 with the introduction of inflation-targeting, has relied heavily on attracting foreign portfolio flows to cover its chronic current account deficit. This is what has largely kept South Africa as Africa’s leading economy. The steady flow of hundreds of billions of dollars helps South Africa cover its foreign currency shortages which it desperately needs to trade in international markets. Now, to keep these financial inflows coming, National Treasury and the South African Reserve Bank must prioritise high real interest rates and financial market stability to reassure foreign bondholders that SA is a safe space for their dollars, pounds and euros. Although these high interest rates attract foreign bond buyers, they also make borrowing expensive for local businesses, which stifles job creation, hence SA’s high unemployment rate. To National Treasury and the Reserve Bank, these are just the costs of doing business. The point is that contrary to popular belief, the Treasury isn’t acting out of ignorance or lack of vision. They are aware that if they were to deviate too sharply to pursue aggressive growth policies, they would risk a currency collapse, soaring inflation and other quite serious economic problems they would rather not deal with. Someone may argue that adopting these policies all those years ago in the first place *is* the stupidity Dr Lehohla is lamenting. This may very well be the case, but still, there were reasons beyond just a lack of imagination. For one, when the original GNU took office in 1994, it inherited an economy that had been isolated by sanctions, burdened by high public debt and severely capital-starved. The South African Reserve Bank had virtually no foreign exchange reserves to defend the currency or finance international trade. The SARB had no reserves because its senior officials had pilfered and looted the money when it started looking apparent that the White minority government would collapse. Because of this, South Africa had gone from an economy designed to comfortably serve 10% of the population, to one that had to service tens of millions more overnight. But the internal savings were far too low to finance the massive infrastructure and industrial development needed for this. To grow the economy and meet these new social goals, South Africa needed to import capital equipment and consumer goods. However, the country needed to importing far more than it was exporting which created a persistent current account deficit and without domestic savings to bridge the gap, the government had to desperately attract foreign capital. That’s how the foreign investors came swooping in. But there was also something that happened in the early 1990s that spooked the ANC and convinced leadership at National Treasury and the Reserve Bank that the country was hyper-vulnerable to foreign currency shortages. In early 1996, South Africa experienced a sudden capital outflow when rumours and market uncertainty caused foreign investors to pull short-term capital out of the country. As a result, the Rand depreciated by over 20% in a few months and because official foreign exchange reserves were so low, the Reserve Bank was powerless to defend the currency. So, to prevent currency collapses that would spark runaway inflation and destroy purchasing power, the government concluded it had to prioritise foreign investor confidence above everything else. So, in response to the 1996 crisis, the ANC shifted away from the state-led Redistribution and Development Programme and introduced GEAR which committed the country to the public budget and removing foreign exchange controls to reassure foreign investors that they could move their money in and out freely. In short, South Africa adopted the current way of doing things as a deliberate strategy to solve the fundamental dilemma of how to finance a growing, open economy with insufficient domestic savings and low foreign exchange reserves. Now, to be fair to Dr Lehohla, he could be saying they were stupid and spineless for caving to foreign pressure when they could have stood their ground and doubled down on state-led industrial development. In which case, I tend to agree. I would go a bit further and say what Treasury is doing may have been a necessity in 1996, but was already unnecessary by 2006, let alone in 2026. South Africa now has $75 to 80 billion in gross reserves vs. almost zero in 1996. So, the original scarcity rationale is diminished. Yet Treasury has continuously been running an austerity programme, even during commodity booms like in the 2000s when it could have built fiscal buffers and invested in infrastructure. So Dr Lehohla’s lack of imagination accusation appears to land when you ask *why* the ANC government never adapted its strategy throughout the decades as conditions changed. The answer to this question is disheartening. The reality is that if the government, through Treasury, were to attempt to change its economic trajectory, what happened in 1996 would repeat. Vested interests would pull capital, short the rand, spread negative news and systematically suffocate the economy until the government falls back in line. Still, Dr Lehohla is correct that the ANC has been stupid for a while. In the last twenty years they could have built countervailing power like through a sovereign wealth fund, a regional payment system outside dollar dominance, strategic reserves of essentials or diversified trading partners to reduce USD dependency. Instead, they accepted dependence on short-term foreign dollars, which is why they now have to keep going back to the IMF and World Bank to borrow more of those dollars. Similarly, the National Treasury has internalised the market’s preferences so completely that they now believe austerity is good policy instead of coercion. As Antonio Gramsci warned, the dominant ideology has now become common sense.

SizweLo

23,199 просмотров • 2 месяцев назад

Counselor to Treasury Secretary Scott Bessent Joseph Lavorgna: If you look at capital spending, it grew over 15% in the first half of the year... we saw good growth in industrial equipment, transportation, and that was the result of the fact that the [One Big Beautiful] bill was written to make capital spending retroactive to inauguration day, so that spending has accelerated. We saw the new orders component in the ISM the other day improve. The widely followed Atlanta Fed GDP is forecasting 3.5% GDP growth. And that’s after a 3% plus gain in the last quarter. So, the trajectory of growth is very solid.
0:37

Counselor to Treasury Secretary Scott Bessent Joseph Lavorgna: If you look at capital spending, it grew over 15% in the first half of the year... we saw good growth in industrial equipment, transportation, and that was the result of the fact that the [One Big Beautiful] bill was written to make capital spending retroactive to inauguration day, so that spending has accelerated. We saw the new orders component in the ISM the other day improve. The widely followed Atlanta Fed GDP is forecasting 3.5% GDP growth. And that’s after a 3% plus gain in the last quarter. So, the trajectory of growth is very solid.

Treasury Department

49,825 просмотров • 1 год назад

[WATCH] We will focus on implementation and delivery. Specifically, we have identified 10 priority interventions to reignite growth in our economy: 1 The first intervention is to use electricity tariffs and investment in transmission infrastructure to drive economic activity. 2 The second intervention is to accelerate the recovery of our freight and logistics sector. 3 The third intervention is to rebuild our chrome and manganese industries. 4 The NEC resolved that the fourth intervention must be to improve the capacity of the state to manage major projects. 5 The fifth intervention is to drive local economic development and investment in local infrastructure. 6 The sixth intervention focuses on labour activation initiatives as well as public employment. 7 The seventh intervention agreed by the NEC is to expand SMME support and investment by Development Finance Institutions. 8 The eighth intervention is to enable the growth of provincial economies outside of the main economic centres. 9 The ninth intervention is to accelerate the diversification of our trade partners, strengthen our participation in the African Continental Free Trade Area and address the impact of tariff and non-tariff barriers. 10 The tenth and final intervention is to ensure effective budget and macroeconomic coordination. #LeadUsRamaphosa #ANCEconomicActionPlan
2:22

[WATCH] We will focus on implementation and delivery. Specifically, we have identified 10 priority interventions to reignite growth in our economy: 1 The first intervention is to use electricity tariffs and investment in transmission infrastructure to drive economic activity. 2 The second intervention is to accelerate the recovery of our freight and logistics sector. 3 The third intervention is to rebuild our chrome and manganese industries. 4 The NEC resolved that the fourth intervention must be to improve the capacity of the state to manage major projects. 5 The fifth intervention is to drive local economic development and investment in local infrastructure. 6 The sixth intervention focuses on labour activation initiatives as well as public employment. 7 The seventh intervention agreed by the NEC is to expand SMME support and investment by Development Finance Institutions. 8 The eighth intervention is to enable the growth of provincial economies outside of the main economic centres. 9 The ninth intervention is to accelerate the diversification of our trade partners, strengthen our participation in the African Continental Free Trade Area and address the impact of tariff and non-tariff barriers. 10 The tenth and final intervention is to ensure effective budget and macroeconomic coordination. #LeadUsRamaphosa #ANCEconomicActionPlan

ANC SECRETARY GENERAL | Fikile Mbalula

73,338 просмотров • 1 год назад

Look at the numbers. The amount of damage done in the last 10 years across every metric you want to measure, is catastrophic. The collapse of growth in Canada from a GDP basis, the collapse of invested capital in the country, debt per capita, foreign investment invested per capita, completely chaotic immigration policy, policy around resources and energy that basically crushed the competitiveness. There is no number you can measure during the mandate of Trudeau and Freeland that isn't a complete collapse.
0:20

Look at the numbers. The amount of damage done in the last 10 years across every metric you want to measure, is catastrophic. The collapse of growth in Canada from a GDP basis, the collapse of invested capital in the country, debt per capita, foreign investment invested per capita, completely chaotic immigration policy, policy around resources and energy that basically crushed the competitiveness. There is no number you can measure during the mandate of Trudeau and Freeland that isn't a complete collapse.

Kevin O'Leary aka Mr. Wonderful

157,108 просмотров • 11 месяцев назад

𝐔𝐍𝐃𝐄𝐑 𝐏𝐁𝐁𝐌 𝐀𝐃𝐌𝐈𝐍, 𝐏𝐇 𝐄𝐂𝐎𝐍𝐎𝐌𝐘 𝐌𝐎𝐑𝐄 𝐒𝐓𝐀𝐁𝐋𝐄 𝐓𝐇𝐀𝐍 𝐄𝐕𝐄𝐑: 𝐍𝐄𝐃𝐀 NEDA Secretary Arsenio Balisacan said the Philippine economy under the Marcos Jr. administration "is more stable than any time in the past." Secretary Balisacan also stressed that the Philippines should strengthen its agriculture and manufacturing sectors further to ensure sustainability and resiliency of the country's economy. "I think over the years, I'm quite confident that our economy now is more stable than any time in the past. It's more diversified, but we need to continue improving, working and developing other pillars of growth," the NEDA Secretary said. "For example, the services sector is a big part of the economy. We should strengthen our agriculture further, manufacturing so that we have all these pillars of growth providing that sustainability and resiliency that we want to achieve," he added.
0:48

𝐔𝐍𝐃𝐄𝐑 𝐏𝐁𝐁𝐌 𝐀𝐃𝐌𝐈𝐍, 𝐏𝐇 𝐄𝐂𝐎𝐍𝐎𝐌𝐘 𝐌𝐎𝐑𝐄 𝐒𝐓𝐀𝐁𝐋𝐄 𝐓𝐇𝐀𝐍 𝐄𝐕𝐄𝐑: 𝐍𝐄𝐃𝐀 NEDA Secretary Arsenio Balisacan said the Philippine economy under the Marcos Jr. administration "is more stable than any time in the past." Secretary Balisacan also stressed that the Philippines should strengthen its agriculture and manufacturing sectors further to ensure sustainability and resiliency of the country's economy. "I think over the years, I'm quite confident that our economy now is more stable than any time in the past. It's more diversified, but we need to continue improving, working and developing other pillars of growth," the NEDA Secretary said. "For example, the services sector is a big part of the economy. We should strengthen our agriculture further, manufacturing so that we have all these pillars of growth providing that sustainability and resiliency that we want to achieve," he added.

Radyo Pilipinas

13,831 просмотров • 1 год назад

EXCESS LIQUIDITY MAKES 2027 ELECTION SPENDING A RISK TO THE ECONOMY - CBN Nigeria’s Central Bank Governor has warned that despite recent economic gains, the country faces significant risks to stability, especially with elections looming next year. Governor Yemi Cardoso told the National Economic Council Conference at the Presidential Villa that a large amount of liquidity remains in the system, and election year spending could destabilize the gains made by the Central Bank. He said past interventions, reaching ₦10.93 trillion, provided short term support but also created long-term distortions and higher costs of liquidity management. Cardoso also cautioned that monetary policy alone cannot stabilize the economy, highlighting food supply shocks, high energy costs, infrastructure deficits, and global trade tensions. He stressed the critical role of state and local governments, whose management of spending, deficits, and investment affects inflation, liquidity, and growth.
6:14

EXCESS LIQUIDITY MAKES 2027 ELECTION SPENDING A RISK TO THE ECONOMY - CBN Nigeria’s Central Bank Governor has warned that despite recent economic gains, the country faces significant risks to stability, especially with elections looming next year. Governor Yemi Cardoso told the National Economic Council Conference at the Presidential Villa that a large amount of liquidity remains in the system, and election year spending could destabilize the gains made by the Central Bank. He said past interventions, reaching ₦10.93 trillion, provided short term support but also created long-term distortions and higher costs of liquidity management. Cardoso also cautioned that monetary policy alone cannot stabilize the economy, highlighting food supply shocks, high energy costs, infrastructure deficits, and global trade tensions. He stressed the critical role of state and local governments, whose management of spending, deficits, and investment affects inflation, liquidity, and growth.

ARISE NEWS

151,085 просмотров • 7 месяцев назад

Sri Lanka secures a historic US$ 3.7 Billion FDI during President Anura Kumara Dissanayake's China visit, paving the way for a 200,000-barrel oil refinery in Hambantota by Sinopec, set to boost exports & transform the economy. 🇨🇳🇱🇰 #LKA #SriLanka US$ 3.7 Billion Foreign Direct Investment Secured During President's First State Visit to China 👏👏👏 During President Anura Kumara Disanayake’s four-day state visit to China, Sri Lanka marked a significant milestone by securing the largest foreign direct investment to date. This significant achievement was formalized this morning (16) with the signing of an agreement between Sri Lanka's Ministry of Energy and Sinopec, a leading Chinese international petroleum corporation. Under this $3.7 billion investment, a state-of-the-art oil refinery with a capacity of 200,000 barrels will be constructed in the Hambantota region. A substantial portion of the refinery’s output is planned for export, further enhancing the nation’s foreign exchange earnings. This major investment from China is expected to bolster Sri Lanka’s economic growth while uplifting the livelihoods of low-income communities in the Hambantota area. Moreover, the benefits of this project are anticipated to positively impact the overall Sri Lankan population in the near future. The signing ceremony was attended by Minister of Foreign Affairs, Labour and Tourism Vijitha Herath, Minister of Transport, Highways, Ports and Civil Aviation Bimal Rathnayake and Director General of Government Information H. S. K. J. Bandara, alongside other dignitaries.
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Sri Lanka secures a historic US$ 3.7 Billion FDI during President Anura Kumara Dissanayake's China visit, paving the way for a 200,000-barrel oil refinery in Hambantota by Sinopec, set to boost exports & transform the economy. 🇨🇳🇱🇰 #LKA #SriLanka US$ 3.7 Billion Foreign Direct Investment Secured During President's First State Visit to China 👏👏👏 During President Anura Kumara Disanayake’s four-day state visit to China, Sri Lanka marked a significant milestone by securing the largest foreign direct investment to date. This significant achievement was formalized this morning (16) with the signing of an agreement between Sri Lanka's Ministry of Energy and Sinopec, a leading Chinese international petroleum corporation. Under this $3.7 billion investment, a state-of-the-art oil refinery with a capacity of 200,000 barrels will be constructed in the Hambantota region. A substantial portion of the refinery’s output is planned for export, further enhancing the nation’s foreign exchange earnings. This major investment from China is expected to bolster Sri Lanka’s economic growth while uplifting the livelihoods of low-income communities in the Hambantota area. Moreover, the benefits of this project are anticipated to positively impact the overall Sri Lankan population in the near future. The signing ceremony was attended by Minister of Foreign Affairs, Labour and Tourism Vijitha Herath, Minister of Transport, Highways, Ports and Civil Aviation Bimal Rathnayake and Director General of Government Information H. S. K. J. Bandara, alongside other dignitaries.

Sri Lanka Tweet 🇱🇰

15,340 просмотров • 1 год назад

Today is a defining moment for National Grid as we announce a significant step up in energy infrastructure investment that cements our position as a leader in the energy transition on both sides of the Atlantic. We’re investing around £60bn in networks in the next five years, with over £30bn of that in the UK. This investment will unlock economic growth and enable the increasingly digital, electrified and decarbonised economies of the future. National Grid will support 55,000 more UK jobs by the end of the decade. To finance this unprecedented scale of investment and growth, we’ve announced a comprehensive financing plan including a £7 billion fully underwritten rights issue. This is a huge growth opportunity for National Grid that will bring significant benefits for the whole country.
2:57

Today is a defining moment for National Grid as we announce a significant step up in energy infrastructure investment that cements our position as a leader in the energy transition on both sides of the Atlantic. We’re investing around £60bn in networks in the next five years, with over £30bn of that in the UK. This investment will unlock economic growth and enable the increasingly digital, electrified and decarbonised economies of the future. National Grid will support 55,000 more UK jobs by the end of the decade. To finance this unprecedented scale of investment and growth, we’ve announced a comprehensive financing plan including a £7 billion fully underwritten rights issue. This is a huge growth opportunity for National Grid that will bring significant benefits for the whole country.

National Grid

111,293 просмотров • 2 лет назад

Chris Wright: "The world has been in this crazy view that somehow demand for oil is going to peak by the end of the decade or the next decade after that. That is nonsense. A billion people live lives like you and I. Seven billion people aspire to live lives like you and I. We need massively more growth in global oil production, global natural gas production, and global coal production in the coming decades."
1:04

Chris Wright: "The world has been in this crazy view that somehow demand for oil is going to peak by the end of the decade or the next decade after that. That is nonsense. A billion people live lives like you and I. Seven billion people aspire to live lives like you and I. We need massively more growth in global oil production, global natural gas production, and global coal production in the coming decades."

Aaron Rupar

34,011 просмотров • 1 месяц назад

🚨LEAVITT: “Hamas is a designated foreign terrorist organization and we are not going to tolerate non citizens who come here on a visa engaging in such behavior siding with terrorists. The Secretary of State reserves the right to revoke the visa or the green card of an individual who acts in a way that has adverse foreign policy relations with the United States. I think siding with Hamas fits that criteria and Secretary Rubio made it absolutely clear that we will be doing more arrests.”
1:08

🚨LEAVITT: “Hamas is a designated foreign terrorist organization and we are not going to tolerate non citizens who come here on a visa engaging in such behavior siding with terrorists. The Secretary of State reserves the right to revoke the visa or the green card of an individual who acts in a way that has adverse foreign policy relations with the United States. I think siding with Hamas fits that criteria and Secretary Rubio made it absolutely clear that we will be doing more arrests.”

Autism Capital 🧩

32,555 просмотров • 1 год назад

The 2.6% growth theory has now been thoroughly exposed as misleading. Neelkanth Mishra, Executive Director at the World Bank, explains lucidly why comparing GDP numbers from two different series is fundamentally wrong. The new GDP series improved both the data and methodology, and the revised base-year numbers were known well before the latest estimates. More importantly, India is not merely “showing” growth on paper, it is feeling it on the ground. Cars and SUVs grew 35% YoY in August, two-wheelers by over 20%, commercial vehicles by more than 40%. Tax collections have strengthened, credit growth is accelerating, and construction activity remains robust - hard, real-world indicators that are extremely difficult to fudge. His assessment is even more significant: with fiscal headwinds fading and monetary conditions turning supportive, India’s underlying trend growth could be 7.5% even with neutral fiscal and monetary policy, pushing consensus trend-growth estimates above 7%. So much for the malicious claim that India is actually growing at just 2.6%. The economy isn’t merely growing in a spreadsheet. Indians are experiencing the growth.
3:00

The 2.6% growth theory has now been thoroughly exposed as misleading. Neelkanth Mishra, Executive Director at the World Bank, explains lucidly why comparing GDP numbers from two different series is fundamentally wrong. The new GDP series improved both the data and methodology, and the revised base-year numbers were known well before the latest estimates. More importantly, India is not merely “showing” growth on paper, it is feeling it on the ground. Cars and SUVs grew 35% YoY in August, two-wheelers by over 20%, commercial vehicles by more than 40%. Tax collections have strengthened, credit growth is accelerating, and construction activity remains robust - hard, real-world indicators that are extremely difficult to fudge. His assessment is even more significant: with fiscal headwinds fading and monetary conditions turning supportive, India’s underlying trend growth could be 7.5% even with neutral fiscal and monetary policy, pushing consensus trend-growth estimates above 7%. So much for the malicious claim that India is actually growing at just 2.6%. The economy isn’t merely growing in a spreadsheet. Indians are experiencing the growth.

Amit Malviya

23,780 просмотров • 28 дней назад