The debt to GDP ratio is going up in Malaysia. In August the parliament of Malaysia voted for an allowance to borrow 60% of its GDP as a part of temporary measures to ease the crisis of pandemic on business. As for now, the economical situation in the country is no petter so it isPossible for them to borrow even more debt for the future. The good news is that the government is still optimistic about the economy and they hope that in the next year it will be expanded by around 5.5% to 8% from negative growth. For 2020,…
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The debt to GDP ratio is going up in Malaysia. In August the parliament of Malaysia voted for an allowance to borrow 60% of its GDP as a part of temporary measures to ease the crisis of pandemic on business. As for now, the economical situation in the country is no petter so it isPossible…
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Every single person in the world is now concerned about the bad influence of the coronavirus pandemic on various sectors such as the economy, health, education, culture, finances, and the society in general. Countries are trying hard to recover, taking the risky steps and investing all their energy and effort to change things for the…
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The New Zealand Dollar is often considered as one of the most traded currencies in the world. In fact, statistics show that NZD is among the 10 most sold currencies and even more, according to a survey done by the Bank of International Settlements, it’s in tenth place and steadily remains its spot for ten…
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New tax measures in the Duterte administration are not coming before elections. Due to the pandemic, the government had obtained $9.8 billion worth of loans for recovery measures. The Department of Finance has been working on ways to make economic growth. This would make some trouble for lawmakers. The government is increasing the digital economy…
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Workers strike in Norway continues to be the hottest topic of the day as its escalation seriously threatens the Norwegian government. As Reuters reports, the strike among the offshore oil workers will highly probably have a big influence on the production from the six fields with a total output of 330 thousand barrels of oil…
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The FINANCIAL -- Georgia has an overall HCI score of 0.57, which means that a child born in Georgia is expected to grow up to be only 57 percent as productive as they could be if they enjoyed complete education and full health, according to new report. While the HCI score for 2020 is higher than…
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