Tags :IMF
The International Monetary Fund has predicted that Nigeria’s economy would grow from 3.0 per cent in 2022 to 3.2 per cent in 2023. The growth according to IMF would be due to measures made to address insecurity in Read More
In a joint statement, the Ghanaian government and trade unions have announced an agreement to raise all public employees’ pay by 30% starting in 2023 as the nation works to cut its debt and control skyrocketing inflation. Read More
In the last month of 2022, Ghana’s cedi was reported as the best-performing currency in the world, signalling a significant recovery for the West African country that suffered severe economic downturns throughout 2022. According to a Read More
On the 5th of November 2022, Ghana’s citizens came out en masse to protest the worsening economic crisis and call for the immediate resignation of the president, Nana Akufo-Addo. This protest is the latest in Read More
THE International Monetary Fund has projected that Nigeria’s economic growth will slow to 3.0 percent in 2023. It added that the inflation rate will drop to 17 per cent. IMF also forecasted for global Read More
Shortly after Covid-19’s destructive impact on the global economy, the Russian invasion hit the world, further worsening the economic outlook for vulnerable economies. Africa, already drowning in debt is left with no choice but Read More
Last week, hundreds took to the streets of Ghana’s capital, Accra, to protest the country’s spiralling inflation and other economic woes. Perhaps the two-day protest influenced the government’s decision to reconsider its Read More
The International Monetary Fund has warned that debt servicing may gulp 100 percent of the Federal Government’s revenue by 2026. The IMF predictions are hinged on if the government fails to implement adequate measures Read More
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The National Bureau of Statistics has reported that the country’s Gross Domestic Product increased by 4.03 percent in the third quarter of 2021. This is contained in its Gross Domestic Product Report Expenditure and Income Approach Read More
