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deficit

Kenya Faces Fiscal Dilemma as Ruto Opts for Borrowing Over Tax Hikes

July 2, 2024 Steven Addamah 0

In the wake of rejected tax increases and violent protests, Kenyan President William Ruto has announced plans to borrow heavily to address the country’s growing […]

Africa’s trade deficit with China widens in 2023, with falling commodity prices key factor

February 8, 2024 Steven Addamah 0

Africa’s trade deficit with China has widened to $64 billion as the Asian economic powerhouse recorded a drop in trade with top partners on the […]

Guinea-Bissau’s deficit almost ten times higher than agreed with IMF

September 14, 2023 Khalid Al Mouahidi 0

The Government of Guinea-Bissau admitted on Wednesday that it will miss the deficit target agreed with the International Monetary Fund (IMF), with a figure that […]

Cape Verde: Central Bank warns of “high level” of non-performing loans

August 22, 2023 Geraldine Boechat 0

The Bank of Cape Verde on Monday August 21 warned of the high level of non-performing loans on the balance sheet of banking institutions in […]

Cape Verde’s public accounts with deficit of 4,7 ME until February

April 12, 2023 Khalid Al Mouahidi 0

Cabo Verde’s public accounts posted a deficit of 523 million escudos (4.7 million euros) until February, according to budget execution data. According to the document […]

Cape Verde’s trade balance deficit worsens in January

March 3, 2023 Steven Addamah 0

The Cape Verdean trade balance was negative by 71 million euros in January, a worsening of more than 50% compared to the same month in […]

Cape Verde’s trade balance deficit worsens by more than 215 ME in three months

November 1, 2022 Steven Addamah 0

The Cape Verdean trade balance was negative by more than 215 million euros in the third quarter of 2022, a worsening of more than 35% […]

Ghana predicts 6.5 percent budget deficit for 2017

March 3, 2017 Khalid Al Mouahidi 0

Ghana’s Finance Minister Ken Ofori-Atta on Thursday said the government aims to reduce its budget deficit and inflation in 2017 as it plans to stabilize […]

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