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The OECD predicts Argentina’s GDP will grow by 5.7% in 2025, following significant economic reforms. Despite this growth, the inflation rate is expected to remain high at 28.4%. Key factors …
OECD Projects 5.7% GDP Growth for Argentina in 2025 Amidst Inflation Challenges Read More
Egypt recorded a primary surplus of EGP 330 billion in H1 2024/25, driven by a 38.4% increase in tax revenues, the government emphasized fiscal discipline, increased spending on healthcare and …
Egypt Achieves EGP 330 Billion Primary Surplus in H1 2024/25, Showcasing Financial Strength Read More
Deloitte forecasts improved credit ratings for Ghana due to enhanced debt sustainability, highlighted by reductions in debt-to-GDP ratios and strategic debt restructuring initiatives. Recent upgrades from Moody’s and Fitch, alongside …
Deloitte Projects Higher Credit Ratings for Ghana Amid Improved Debt Sustainability Read More
The IMF reports severe depression in the Lebanese economy, exacerbated by the recent war and ongoing poverty and unemployment. Despite recent policy actions stabilizing some economic factors, significant challenges remain. …
Severe Economic Depression in Lebanon: Insights from the IMF Report Read More
Kenya will pursue a new agreement with the IMF as its current program ends amid severe debt issues. With debt impacting revenue, the government struggles to fund essential services like …
Kenya Pursues New IMF Agreement Amid Debt Challenges Read More
The IMF has received a request for a new financing programme from Kenya. The existing review under current fund facilities will not proceed. Kenya’s debt levels necessitate continued support from …
IMF Receives Request for New Financing Programme from Kenya Read More
Senator Okiya Omtatah criticized the MoU between President Ruto and Raila Odinga, calling it unconstitutional and a “civilian coup”. He argued that it undermines parliamentary authority and the Constitution. Omtatah …
Omtatah Declares Ruto-Odinga MoU a ‘Civilian Coup’ Against Constitution Read More
Kenya and the IMF are set to commence formal talks on a new lending program, abandoning the ninth review of the current $3.6 billion loan. The talks are driven by …
Kenya and IMF Initiate Talks for New Lending Program Read More
Kenya is set to negotiate a new lending agreement with the IMF after halting the current review due to economic strain from high debt-servicing costs. A formal request has been …
Kenya Initiates New IMF Negotiations Amid Economic Struggles Read More
Argentina’s economic history serves as a cautionary tale for developing nations, emphasizing the dangers of favoring short-term solutions over necessary structural reforms. With significant IMF debts and recent measures from …
Argentina’s Economic Journey: A Cautionary Tale for Developing Nations Read More