Growth

The Prosperity Party government is carrying out massive economic activities to maintain Ethiopia on a fast growth path and ensure broad public benefits.

5 Mwezi wa tano, 2026 Imeripotiwa na AI

Hong Kong's economy expanded 5.9% year-on-year in Q1 2026, its fastest quarterly growth in nearly five years and surpassing Financial Secretary Paul Chan's forecast of over 4%. Driven by private consumption and government spending despite Middle East tensions, the advance estimate from the Census and Statistics Department exceeded the 4% rise in Q4 2025. A government spokesman highlighted a positive outlook but noted regional risks.

The Indonesian government is optimistic that economic growth in the first quarter of 2026 will reach 5.5-6 percent, breaking the stagnant pattern around 5 percent. Finance Minister Purbaya Yudhi Sadewa stated this at the Indonesia Economic Outlook 2026 event in Jakarta.

30 Mwezi wa kwanza, 2026 Imeripotiwa na AI

France is now poorer than the European average in terms of GDP per capita, according to Eurostat's latest 2024 estimates. This decoupling, which has accelerated over the past decade, fits into a sluggish 0.9% growth in 2025, far below the EU's 1.6%.

South Korea's leading business lobbies called for aggressive investments in artificial intelligence (AI) to secure global competitiveness in 2026. Chey Tae-won, chairman of the Korea Chamber of Commerce and Industry (KCCI), emphasized building swift investment capabilities in AI and green sectors amid challenges like low growth and geopolitical uncertainties. Other groups highlighted the need for eased regulations and stronger public-private cooperation.

25 Mwezi wa kumi na mbili, 2025 Imeripotiwa na AI

Egypt’s engineering exports showed strong growth in 2025, reaching $5.93 billion in the first 11 months—the highest ever recorded. The Engineering Export Council of Egypt reported a 13.9% year-on-year increase from the previous year. November saw a 35.4% surge to $621.3 million.