Nigeria’s financial future is facing tough times as the International Monetary Fund (IMF) has warned that the 2025 national budget may not hold up due to falling oil prices, reduced …
EconomyGOVERNMENTInfrastructureOil & Gas
Tag:
fiscal deficit
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DevelopmentEastern AfricaEconomyFinance & ServicesINVESTMENTPolitics
Tanzania Eyes 6% Economic Growth in 2025, Boosted by Reforms and Investment
Tanzania’s economy is projected to grow by approximately 6% in 2025, up from 5.4% in 2024, according to Finance Minister Mwigulu Nchemba and Central Bank Governor Emmanuel Tutuba. The optimistic …
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EconomyEnergyGOVERNMENTInternational RelationsNigeriaPoliciesWestern Africa
Nigeria Records Fastest Economic Growth in 10 Years, Says World Bank, But Inflation Still a Big Problem
The World Bank has revealed that Nigeria’s economy grew at its fastest rate in almost 10 years in 2024, driven by strong performance in the fourth quarter and better management …
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Eastern AfricaEconomyFinance & ServicesGOVERNMENTInternational RelationsKenyaPolicies
Kenya Moves to Cut Budget Deficit, Eyes Fresh IMF Talks Amid Economic Pressure
The Kenyan government has announced that it will reduce its fiscal deficit to 4.5 percent of its Gross Domestic Product (GDP) for the 2025/2026 financial year. This is a step …