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Chile’s current account deficit narrowed to $1.78 billion in Q4 2024 from $2.66 billion a year earlier, with a goods surplus increase to $4.76 billion. The services gap slightly decreased, …
Chile’s Current Account Deficit Narrows Significantly in Q4 2024 Read More
Pensana PLC’s shares increased by 38% after securing $268 million financing for its Longonjo rare earth project in Angola. The financing comprises a $160 million loan and $92 million from …
Pensana Shares Surge 38% Following Financing for Angola Rare Earth Project Read More
Deloitte has projected a 4.0% GDP growth rate for Ghana in 2024, citing government fiscal tightening as a factor for a decline in growth. The firm highlights the need for …
Deloitte Projects Achievable 4% Growth Rate for Ghana in 2024 Read More
Brazil’s Finance Minister Fernando Haddad has revised the projected cost of the income tax exemption proposal to $4.75 billion annually, down from $35 billion. The proposal aims to increase the …
Brazil’s Finance Minister Lowers Income Tax Exemption Cost Estimate to $4.75 Billion Read More
Nigeria’s debt service payments dropped to $276 million in February 2025, a significant decline from $540 million in January. This reduction is attributed to government efforts in restructuring debt and …
Nigeria’s February 2025 Debt Service Payments Decline Significantly Read More
In February, Argentina reported a primary fiscal surplus of 1.177 trillion pesos ($1.10 billion) and a public sector financial surplus of 310.73 billion pesos, due to austerity measures under President …
Argentina Achieves Primary Fiscal Surplus in February Read More
Kenya has requested a new lending programme from the IMF, abandoning the current one amid rising debt-servicing costs. The total ECF/EFF facility expiring next month is worth $3.6 billion. The …
Kenya Seeks New IMF Programme Amid Economic Challenges and Rising Debt Read More
Professor Peter Quartey asserts that Ghana’s significant borrowing has not led to the expected economic growth, with funds primarily used for salaries and debt service. He calls for a 60% …
Investment and Growth Challenges in Ghana Amid Heavy Borrowing Read More
Professor Peter Quartey highlighted that Ghana’s extensive borrowing over two decades has not resulted in the expected investment and economic growth. He proposed a 60 percent debt ceiling and a …
Ghana’s Heavy Borrowing Yields Low Investment and Growth, Says Prof Quartey Read More
The CBN reports Nigeria’s foreign debt service reached $5.47 billion from Jan 2024 to Feb 2025. Meanwhile, foreign exchange remittances increased by 1.3% YoY to $180.03 million in early 2025, …
CBN Reports on Nigeria’s Foreign Debt Service and Remittance Trends Read More