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IMF’s Favor to Pakistan Sparks Controversy: Congress MP Manish Tewari Weighs In
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New Delhi [ India ], May 10 (ANI): Congress MP Manish Tewari criticized the International Monetary Fund for approving a $1 billion loan Pakistan , describing it as “highly regrettable,” and stated that the “empathy” towards the IMF towards Pakistan is clearly “unwarranted.” “It is terribly regrettable because the funds that go to Pakistan…
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UK Inflation Spike: See How Fast Prices Are Soaring!
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In the year leading up to March, prices in the UK increased by 2.6%, which is lower than the prior month’s rise yet remains above the Bank of England’s targeted figure. The Bank of England adjusts interest rates to aim for an inflation rate of 2%, and in 2025, it reduced them twice, bringing…
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Policy Shift or Political Distraction? Examining the Procurement Statement
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LAGOS – Dr Pearse Adetokunbo Pearse, a chieftain of the Peoples Democratic Party (PDP) and member board of Governors of Peoples Democratic Institute (PDI) has said that President Bola Tinubu’s first procurement policy is a political statement designed to divert attention from the burning issues in the country today. Recall that the President has…
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Why Africa Should Unite Economically Against US Tariffs, Not Retaliate Fragmentedly
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By Ephraim Ofori NUMOSUOR In an era marked by geopolitical maneuvers driven by economics and strategic partnerships, Africa must not stay as a collection of disconnected markets. The recently implemented tariffs imposed by the United States on numerous imports, which include goods from Africa, have prompted distinct reactions from different countries across the continent.…
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Nigeria Calls for Focus on Strategic Investments in Key Sectors – International Edition
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Oritsegbubemi Omatseyin Lagos — Nigeria’s federal government has urged the World Bank Group to prioritize targeted investments in critical sectors that drive sustainable development aimed at elevating the country’s development agenda. The Minister of State for Finance, Dr. Doris Uzoka-Anite, made the urge in New York when she participated in the thematic session on…
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Fed Acknowledges Stagflation Risks: deVere Warns Investors Must Act Swiftly
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The Federal Reserve has finally voiced what was previously unspoken: stagflation is not merely a remote possibility but a distinct and immediate concern. For several months, officials have skirted the issue. But now, they’ve shed their reservations. Here is Nigel Green, the CEO of leading financial advisory firm, presenting his analysis. deVere Group following…
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Deputy PM Choi’s Resignation Sparks Uncertainty in Financial Coordination Efforts – International Edition (English)
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Choi Sang-mok’s departure as the ex-Deputy Prime Minister and Minister of Economy and Finance is anticipated to lead to alterations within the operations of the Finance 4 (F4). This non-official advisory panel centers on macroeconomic and financial matters. Comprised of key figures such as the deputy prime minister responsible for economic policies, the Bank…
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Editorial: Save South Korea’s Economy With Reform, Not Populism
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Should South Korea sustain its present levels of productivity, its potential economic growth rate—which signifies the fastest pace at which an economy can expand without causing inflation—could drop to zero by 2040 as predicted by the Korea Development Institute (KDI), with projections indicating it may turn negative later this decade. This somber prediction marks…
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Fiscal Consolidation Post-Crisis: Evaluating Dr. Forson’s Policy Impact in Q1 2025 – International Edition (English)
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By Dr. Felix Larry Essilfie At the beginning of 2025, Ghana initiated what could turn out to be one of the most significant periods of budget tightening since its recovery from a crisis. This effort was steered by Finance Minister Dr. Cassiel Ato Forson through his three-pronged strategy focusing on streamlining expenditures, improving tax…
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Chinese Ambassador Pledges Strategic Investments to Support Government Goals
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…states that Africa needs to utilize the AfCFTA for achieving economic autonomy. By Juliet ETEFE ( [email protected] ) The Chinese Ambassador to Ghana, Tong Defa, has reiterated China’s dedication to backing Ghana’s newly established development goals via carefully planned and focused investments. He mentioned that the emphasis is on regions driving industrialization, modernizing agriculture,…