Tag: World Bank
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World Bank says Indonesia’s GDP to slow to 5% in 2026 as fiscal pressures rise
JAKARTA, June 11 : The World Bank said on Thursday that Indonesia’s economic growth was expected to slow to 5 per cent in 2026 as it comes under increasing fiscal strain from an ambitious spending programme and the rising cost of fuel subsidies in the wake of the Iran war. The forecast by the World…
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Malaysia’s wage growth lags behind GDP as ‘top firms are not scaling’ – what gives?
A World Bank report in May found that Malaysia’s wage growth since 2010 has lagged behind its gross domestic product (GDP) growth in part because top firms in the country are not scaling up.
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