Remove Economics Remove Manufacturing Remove Prioritization
article thumbnail

Uzbekistan Minister Laziz Kudratov On Country’s Sweeping Economic Makeover

Global Finance

Along with a more business-friendly environment, key reforms, such as reducing VAT from 20% to 12% and creating special economic zones, we have strengthened our position as an attractive destination for foreign investors. Manufacturing has seen a significant boost, contributing over $55 billion to the economy in 2023.

Economics 116
article thumbnail

Indonesia: Building The Future Of Southeast Asia

Global Finance

At the Asia-Pacific Economic Cooperation summit in Peru last November, Indonesias new President Prabowo Subianto, who began his term in October, emphasized that foreign investments would be protected by a solid legal framework, and highlighted incentives and a commitment to liberalizing ownership laws.

Economics 108
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Future of Finance and Sustainability with Elizabeth Burns

CFO Talks

. “We’ve had a 40% reduction in carbon dioxide, an 80% reduction in nitrogen oxide, and a near 100% reduction in particulates,” she shared during the CFO Club podcast, emphasizing the tangible impact of GDC’s clean energy initiatives on Cameroon’s manufacturing sector. Our last two wells cost over $100 million,” she noted.

Finance 98
article thumbnail

Turkey: Bridging Ambition And Reality

Global Finance

President Recep Tayyip Erdogans ambitious dreams include building Turkey from regional economic centre into global economic powerhouse and boosting it from the worlds sixteenth largest economy into the top 10. in 2026 and 4% a year after that without creating other economic distortions. We expect 3.5%

article thumbnail

Latvia: Doorway To The EU

Global Finance

Led by Latvian President Edgars Rinkvis and Minister of Economics Viktors Valainis, the eight-day event included investor briefings in Houston, San Francisco, and Denver. According to one analysis, published last June, Rail Baltica is projecting regional economic benefits, both direct and indirect, of 48 billion. Inflation (2024): 1.4%

article thumbnail

If Modi is re-elected, these sectors will get his most attention

CFO News

His ambitious 100-day agenda post-election includes prioritizing manufacturing, new-age technology, infrastructure development, and clean energy sectors. The government aims to implement reforms to boost economic growth and attract foreign investment.

article thumbnail

What Is Islamic Finance And How Does It Work?

Global Finance

As global investors increasingly prioritize sustainability and ethics, Islamic banking’s alignment with these values positions it as a key player in the burgeoning sustainable finance movement. Islamic banking has also proven resilience in turbulent economic times. What Is Islamic Finance? Is Islamic Finance New Or Old?

Finance 116