Economic Growth
Moody's keeps Indonesia's Baa2 rating but shifts outlook to negative
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Rating agency Moody's maintained Indonesia's sovereign credit rating at Baa2 but adjusted the outlook from stable to negative on February 5, 2026. This came alongside the release of 2025 economic growth data at 5.11 percent, higher than the previous year. Authorities including OJK and Bank Indonesia affirmed that it does not signal weakening economic fundamentals.
Egypt is aiming to increase the private sector's share of total investment to over 70% by 2030, Planning Minister Rania Al-Mashat announced, following a 5.3% GDP growth in the first quarter of fiscal year 2025/26. This growth surpassed government expectations, fueled by industrial recovery and robust performance in tourism and ICT. Al-Mashat emphasized structural reforms to boost private investment and ensure economic stability.
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The Federal Government of Nigeria has reaffirmed its commitment to implementing key tax reform laws starting January 1, 2026, despite ongoing procedural reviews by the National Assembly. Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, stated that preparations are on track following a briefing with President Bola Tinubu. The reforms aim to ease the tax burden on most Nigerians while promoting economic growth.