TAG: Economy
The Thai government and private sector are working in tandem to boost consumer spending, push through large-scale infrastructure projects and promote clusters of high value-added industries.
Recent efforts by the Qatari government to diversify the economy have paid off in terms of helping the country weather the recent downturn in global oil and gas prices.
In late 2015 T&T’s newly elected government inherited an economy sliding into recession as a consequence of lower global energy prices. In response, the Keith Rowley administration has moved towards a policy of fiscal discipline, with further austerity measures expected under the forthcoming 2017 budget. In spite these challenges, after surveying business leaders across all sectors of T&T’s economy, Oxford Business Group found indications that many companies are in fact taking advantage of this period of slower growth to assess their operations and prepare for future expansion ...