The International Monetary Fund (IMF) has forecasted an improvement in Austria's economy next year, with real GDP growth projected at 1.1 per cent compared to the current economic situation.
Former Karnataka CM and BJP leader Basavraj Bommai slammed the Congress government in the state and Chief Minister Siddaramaiah for his remarks criticising Prime Minister Narendra Modi and pointed out the economic situation of the state.
Amid the worsening economic situation in Pakistan-occupied Gilgit Baltistan (PoGB), the local administration has failed to provide the latest sachet of scheduled economic benefits to the beneficiaries of government schemes.
Union Minister Piyush Goyal highlighted that it was a very difficult task to bring back the manufacturing in the country as the economic situation was very bad when PM Modi took charge in 2014.
Amid worsening economic conditions in Pakistan, the people continue to suffer from economic hardships, especially rampant inflation and the unemployment crisis, which has made even basic facilities and essentials remain out of their reach.
Hong Kong's economic situation worsened in the second quarter, with residents' median monthly income dropping by HK$300 to HK$21,100. The number of unemployed individuals increased by 3,000 to 114,700. Sectors like construction, retail, and food services experienced high unemployment rates.
Criticising the government over the country's economic situation, Jamiat Ulema-e-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman called the members of Parliament in Pakistan as "fake representatives" of the people, reported Geo News.
Hitting back at Congress leader Mani Shankar Aiyar for his remarks regarding Pakistan possessing nuclear weapons, Assam Chief Minister Himanta Biswa Sarma took a dig at Pakistan's economic situation and said that India's neighbour doesn't even have money to pay salaries and nobody is sure
Krishnamurthy V Subramaniam, the Executive Director of the International Monetary Fund (IMF), predicted that India will have 8 per cent growth in the fourth quarter and called it "good" growth considering the current global economic situation.
While demanding a white paper on the state's economic situation, Chugh said if the decline continued for some more time, Punjab may have to declare a financial emergency the way it happened in Sri Lanka.
Economic growth in India is projected to reach 6.2 per cent in 2024, slightly lower than the 6.3 per cent estimate for 2023, amid robust domestic demand and strong growth in the manufacturing and services sectors, the United Nations' World Economic Situation and Prospects 2024 report said
The UNAMA Deputy Special Representative for Afghanistan, Resident Coordinator, and Humanitarian Coordinator, Indrika Ratwatte, met with US Special Representative Thomas West to discuss the humanitarian and economic conditions in Afghanistan as well as help for Afghan refugees.