Browsing: economy

India has moved ahead of Japan to become the world’s fourth-largest economy in 2026, marking a major milestone in its long-term economic expansion. According to Worldometer data based on International Monetary Fund projections, India’s gross domestic product is estimated at $4.51 trillion this year, slightly above Japan’s projected $4.46 trillion.

The Economic Community of West African States (ECOWAS) Parliament has raised concern over the dominance of the informal sector in West Africa, warning that nearly 90 per cent of economic activities and at least 60 per cent of the region’s workforce remain outside the formal economy, a situation lawmakers said is undermining economic growth, job…