AGP Executive Report
Last update: 10 hours agoSri Lanka’s Budget: President Anura Kumara Dissanayake proposed Rs. 2 trillion in capital spending for 2027, targeting growth of at least 7% while keeping the deficit within fiscal rules and public debt on a downward path. UK Growth: GDP rose 0.7% in the third quarter, its fastest pace in more than two years, with AI-related investment and technology services helping drive expansion; households are still feeling the squeeze. India’s Outlook: India topped an ASSOCHAM ranking of major economies’ resilience for 2026–30, but October inflation hit 6.09%, above the RBI’s 6% ceiling and strengthening the case for rate hikes. Türkiye’s Investment: The World Bank chief said AI adoption could help small firms and entrepreneurs, while 25 bids came in for Istanbul’s North Rail Crossing, backed by $6.75 billion in proposed financing. Rates: Sweden’s central bank signalled further increases may be needed as recovery broadens and inflation is expected to rise above target.
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