The Central Bank of Sri Lanka has retained its standing deposit facility rate and standing lending facility rate at their current levels of 9 per cent and 10 per cent respectively..
Singapore has ratified the UK s entry into the CPTPP, enhancing the trade bloc s worth to £12 trillion or 15 per cent of global GDP.
The UK signed the agreement in July.
In December 2023, Australia s business conditions aligned with long-run averages, indicating normalising economic conditions.
Manufacturing led a decline in trading and.
Germany s exports to non-EU countries fell by 4 per cent in December 2023 compared to November 2023, with adjusted exports valued at €57.2 billion, according to Destatis..
UK economy is projected to grow in 2024-2025, driven by falling inflation, interest rate cuts, and tax reductions.
GDP is expected to rise to 0.9 per cent in 2024 and 1.8.