Stronger energy revenues, improved tax collection and a solid performance in the non-oil sector should combine to deliver Trinidad and Tobago’s first annual GDP growth since 2015, according to estimates in this fiscal year’s budget.
Economy
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Economic update | Launch of diversification strategy pushes Abu Dhabi towards development goals
31 Oct 2018
Abu Dhabi has moved ahead with plans to bolster the emirate’s non-oil economy following the launch of a Dh50bn ($13.6bn) programme aimed at fast-tracking economic growth and social development.
Economic update | Launch of new free zones to boost Qatar’s foreign investment and diversification plans
31 Oct 2018
Qatar is ramping up efforts to increase foreign investment and incentivise activity in a range of different industries, unveiling plans to launch two new free trade zones.
Vietnam’s vast potential as a trade and investment partner for the UK was the focus of a high-level business forum held in London on October 9.
Economic update | Bahrain approves VAT, spending measures to help improve fiscal balance
24 Oct 2018
The introduction of a goods and services tax, coupled with cost-cutting measures and a proposed multibillion-dollar loan, is expected to help Bahrain improve its fiscal position and reduce national debt.
How can Sri Lanka reverse the trend of sluggish consumption in the short to medium term?