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In January, Brazil’s public sector gross debt was reduced to 75.3% of GDP from 76.1% in December. The primary surplus for the month reached 104.096 billion reais, surpassing economists’ expectations. …
Brazil’s Public Sector Gross Debt Decreases to 75.3% of GDP in January Read More
NPP MPs contest claims regarding excessive borrowing under their administration compared to the NDC. They assert that the NDC increased Ghana’s debt by over 261% during its eight years in …
NPP MPs Claim NDC Increased Ghana’s Debt by Over 261% in Eight Years Read More
The Minority in Ghana’s Parliament praises a 5.7% GDP growth for 2024, the highest in five years. This surpasses the budget targets and indicates economic transformation. Dr. Mohammed Amin Adam …
Ghana’s 5.7% GDP Growth: A Historical Milestone Acknowledged by the Minority Read More
South Africa is reducing Eskom’s debt relief package by R20-billion, opting for loans instead of direct debt assumption. The revised plan reflects Eskom’s improved financial position. The government will provide …
South Africa Reduces Eskom Debt Relief Package to R50-Billion in Loans Read More
The National Assembly has approved a Sh405 billion allocation to county governments for the 2025/26 financial year. Additional funds include Sh69.8 billion for supplementary allocations and Sh7.9 billion for the …
National Assembly Approves Sh405 Billion Allocation to Counties for 2025/26 Read More
Finance Minister Enoch Godongwana presented South Africa’s 2025 Budget, featuring a VAT increase, no inflation adjustments to tax credits, and substantial funding priority for social programs. Key investments in infrastructure …
Overview of South Africa’s 2025 Budget Key Takeaways Read More
South Africa’s Finance Minister Enoch Godongwana revealed a revised budget proposing a staggered VAT increase to 16%, causing significant backlash from key opposition, particularly the Democratic Alliance. The budget aims …
South Africa’s Revised Budget Faces Strong Opposition Despite VAT Reduction Read More
South Africa’s Finance Minister Enoch Godongwana revealed a revised budget, proposing a 1% VAT increase. Despite this smaller tax hike, the budget was rejected by the Democratic Alliance, citing concerns …
South Africa’s Revised Budget Faces Backlash Despite Modest Tax Increase Read More
South Africa’s lawmakers propose increased funding for health and defense while raising VAT by 0.5%, impacting the cost of living. An additional 28.9 billion rand is earmarked for health, affected …
South Africa’s Budget Focus: Increased Health and Defense Spending Amid US Aid Cuts Read More
The Ghana government has projected total revenue and grants for 2025 at GH¢223.8 billion, representing 17.2% of GDP, supported by non-oil revenue. Total expenditures are anticipated at GH¢269.1 billion, down …
Ghana Projects Total Revenue and Grants at GH¢223.8 Billion for 2025 Read More