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GASC in Egypt will penalize subsidized bakeries delaying bread cost payments, imposing a 25% interest on outstanding debts and reducing quotas. This initiative is part of a ministerial decision from …
Egypt’s GASC to Impose Penalties on Bakeries Delaying Bread Payments Read More
Liberia’s total debt stock has exceeded $2.5 billion, with domestic debt surpassing $1 billion, largely due to excessive borrowing under the current administration. Trust deficits with creditors have arisen, complicating …
Liberia’s Debt Crisis: Government’s Steps to Restore Trust and Economic Growth Read More
Ghana’s Treasury bill rates fell below 20% for the first time in 20 months, with current rates at 17.72% (91-day), 18.97% (182-day), and 19.98% (364-day). This shift reflects the government’s …
Ghana’s Treasury Bill Rates Drop Below 20% for First Time in 20 Months Read More
The “2024 State of Health of the Nation Report” highlights progress in Nigeria’s healthcare sector, particularly in health insurance coverage, maternal and child health, and workforce development. Despite these advancements, …
Significant Progress and Ongoing Challenges in Nigeria’s Healthcare Sector Read More
Argentina’s automotive sector saw production rise to 42,419 units in February, marking a 41.1% increase from January. Exports increased by 102.1%, reaching 22,496 vehicles, while sales surged 33.8%, totaling 45,617 …
Significant Growth in Argentina’s Automotive Sector Read More
Nigeria’s crypto market faces turmoil as Binance blocks airdrops for local users amidst governmental pressures. The exchange contends with substantial fine demands while trying to appease officials. These developments may …
The Turmoil of Nigeria’s Crypto Market: Binance’s Bold Moves and Government Pressures Read More
Brazil’s economy grew 3.4% in 2024, driven by increased household spending and contributions from industry and services. Agriculture faced a decline. President Lula welcomed growth and projected continued advancement for …
Brazil Achieves 3.4% Economic Growth in 2024 Driven by Household Spending Read More
Ecuador faces a critical increase in violence due to drug trade and gang conflicts. The government is implementing strict measures to combat this crisis, yet public fear persists as violence …
Ecuador Faces Rising Violence Amidst Drug and Gang Conflicts Read More
The Trump administration is set to compel more companies, including Chevron, to halt operations in Venezuela, intensifying pressure on President Maduro. Several companies have been advised to conclude their operations …
Trump Administration to Increase Pressure on Companies Operating in Venezuela Read More
The IMF has recognized Guyana’s rapid economic growth, forecasting a 10¼ percent GDP growth for 2025, driven by oil production and a strong non-oil sector. Despite inflation rising to four …
IMF Commends Guyana’s Economic Growth and Sustained Development Prospects Read More