The Report: Indonesia 2024 - Oxford Business Group
Indonesia, a South-east Asian archipelago, is on a path to significant economic growth, aiming for 8% annual expansion and targeting a top-five global economy by 2045. Key areas of focus include infrastructure, renewable energy and economic self-sufficiency. Reforms across banking, the digital economy, tourism and industry are poised to drive progress and further elevate the country’s global ...
Banking, from The Report: Indonesia 2024 - Oxford Business Group
Indonesia’s banking sector is large, complex and profitable, driven by a population of nearly 280m people, the fourth largest in the world. However, a significant portion of the population remains unbanked or underbanked, creating socio-economic challenges. The lack of digital infrastructure, particularly in rural and remote areas, exacerbated these issues during the Covid-19 pandemic.
The Report: Ghana 2024 - Oxford Business Group
With robust economic fundamentals and significant export potential, Ghana is set to play a greater role in the economy of West Africa, as well as on the continent. The country expects to benefit from its young population, stable political environment and membership in the Africa Continental Free Trade Area, providing a point of entry for foreign and domestic investors to the country’s ...
The Report: Nigeria 2024 - Oxford Business Group
Nigeria’s global strategic importance derives from its position as having both Africa’s largest population and economy, a reality undergirded by the entrepreneurial drive of its young population. Despite the lingering effects of the Covid-19 pandemic on the economy, aggressive intervention programmes by the Central Bank of Nigeria and support from international partners fuelled a recovery ...
Education reform in the Philippines aims for better quality and …
The Philippine education system has evolved over hundreds of years of colonial occupation, first by Spain and then by the US, through martial law and the people’s power revolution that brought democracy to the sprawling archipelago. The education sector’s development has mirrored the changes in the country’s administration. Today the focus is on expanding
Economy, from The Report: Kuwait 2024 - Oxford Business Group
Kuwait entered 2024 in a generally robust economic position thanks to improved fiscal and external balances. Following a formal change in executive leadership in late 2023, policymakers have the opportunity to build on recent gains to foster long-term, sustainable growth – provided they can navigate the prevailing challenges in the domestic and global markets.
Ghana’s tax framework for individuals and businesses
The Ghana Revenue Authority (GRA) is the agency mandated to assess and collect taxes in the country. The administration falls under the umbrella of the Ministry of Finance. Tax Residency An individual is tax resident in Ghana if that individual is: • Present in Ghana for an aggregate period of 183 days or more in
Economy, from The Report: Ghana 2024 - Oxford Business Group
Although impacted by the Covid-19 pandemic and other external shocks, the local currency has managed to regain much of its value against the US dollar since its low in November 2022, while GDP growth is projected to maintain an upward trajectory into 2024 and 2025. Ghana is the continent’s leading exporter of gold and its
Agriculture, from The Report: Ghana 2024 - Oxford Business Group
In addition to being a major source of foreign exchange, the agriculture sector accounts for a significant portion of the country’s employment, as an estimated 75% of the rural population worked in the sector as of February 2023. Agriculture is projected to grow at a compound annual growth rate of 2.7% through to 2028, reaching
Economy, from The Report: Qatar 2024 - Oxford Business Group
Propelled by a major infrastructure development drive in preparation for the 2022 FIFA World Cup, and a broad loosening of investment and business regulations, Qatar’s economy has undergone a significant expansion in recent years. The country’s immense natural gas reserves are being further tapped and its production capacity expanded, while related revenue is …