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With an ever-growing informal economy, the tax burden on the formal sector has become unbearable. The government’s revenue targets for this fiscal year are unrealistically high, and the formal ...
The rise is largely attributed to stronger inflows through formal channels ... This influx has offered a much-anticipated tonic to an economy under strain, with foreign exchange reserves under ...
Similarly, doubts remain over whether the influential landowning class will finally acquiesce to being documented and taxed like the rest of the formal economy. It’s a mixed bag on the export ...
Sarah Burris is a long-time veteran of political campaigns, having worked as a fundraiser and media director across the United States. She transitioned into reporting while working for Rock the ...
To get it in your inbox, sign up for free here. In sum: The solid economy that President Donald Trump inherited is beginning to buckle under the weight of his tariff agenda, which has left ...
The U.S. economy expanded at a healthy annual 2.4% pace the last three months of 2024, supported by a year-end surge in consumer spending WASHINGTON -- The U.S. economy expanded at a healthy ...
And it could shake up the global economy. "Consumers are rattled," said economist Carl Weinberg to The Guardian. Consumer confidence "plunged to the lowest level in more than four years in March ...
China’s economy, too, looks to be in better health, with 4.8 percent growth expected in 2025 and 4.4 percent in 2026. If trade restrictions escalate, inflation could rise and economic growth ...
(Kevin Lamarque/Reuters) It’s official: President Donald Trump is dragging down not just the U.S. economy but the global economy, too. That’s according to a new world economic outlook report ...
Play the USA TODAY Daily Crossword Puzzle. If the White House offered a cogent and thoughtful plan to improve the U.S. economy, then stocks would be rising, business investment accelerating and ...
BERLIN, March 17 (Reuters Breakingviews) - Over the last three years, President Vladimir Putin has often bragged, opens new tab that Russia’s economy has defied the dire forecasts made after his ...
The Sevens, which run from Friday to Sunday, along with Art Basel and Art Central this week, cap off a month of mega-events that Chief Executive John Lee Ka-chiu had earlier dubbed “Super March ...
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