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Kenya and the IMF have agreed to begin discussions on a new lending program, abandoning the current $3.6 billion loan review. The country faces rising debt servicing costs and is …
Kenya and IMF Initiate Discussions on New Lending Program Read MoreThe Traders Advocacy Group Ghana commends the 2025 budget presented by John Dramani Mahama, praising the elimination of the E-Levy and other taxes for providing relief. The group’s support for …
TAGG Commends Mahama’s 2025 Budget Statement for Economic Relief and Growth Read More
Lebanon has appointed new security chiefs, marking a notable shift away from Hezbollah’s influence. Key figures include Gen. Rudolph Haykal as army chief and Brig. Gen. Hassan Choucair as head …
Lebanon’s Strategic Shift: New Security Appointments Challenge Hezbollah’s Influence Read More
President Joseph Aoun of Lebanon highlighted the importance of restoring internal and external confidence during a Cabinet meeting. He announced the formation of a committee to follow up on IMF …
Lebanon’s President Stresses Need for Confidence Restoration During Cabinet Meeting Read More
Lebanon’s Finance Minister Yassine Jaber is optimistic about securing a new IMF agreement, following a meeting with an IMF delegation. Discussions emphasized the need for financial reforms to address the …
Lebanon’s Finance Minister Optimistic for New IMF Deal Amid Economic Crisis Read More
Brazil has introduced new rules expanding payroll-deductible loans for private-sector workers via a digital work card app, aimed at reducing debt and lowering interest rates. President Lula’s initiative seeks to …
Brazil Implements New Payroll-Deductible Loan Regulations for Workers Read More
The Brazilian government is considering lowering the medicine price ceiling to align with market retail prices, which has raised concerns among pharmaceutical stakeholders regarding competition and the sustainability of small …
Brazil’s Initiative to Lower Medicine Price Ceiling Faces Industry Scrutiny Read More
Fitch Ratings downgraded Colombia’s credit outlook to negative due to fiscal concerns, affirming its BB rating. The central government’s fiscal deficit stood at 6.8% of GDP last year, surpassing expectations. …
Fitch Reduces Colombia Outlook to Negative Over Fiscal Deterioration Read More
The IMF has urged the Nigerian government to implement targeted social interventions due to substantial economic challenges. Discussions between Gita Gopinath and Finance Minister Wale Edun focused on improving social …
IMF Proposes Targeted Social Interventions to Address Nigeria’s Economic Challenges Read More
In February, Kenya’s private sector growth remained consistent, indicated by a PMI of 50.6, up from 50.5. Key sectors driving this growth included agriculture, manufacturing, and construction, although wholesale and …
Kenya’s Private Sector Growth Remains Stable Amidst Cautious Outlook Read More