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Saudi Arabia and Qatar have announced financial support for Syria’s state employees, according to Saudi Foreign Minister Prince Faisal bin Farhan Al-Saud. The aid will be delivered over three months, …
Saudi Arabia and Qatar to Provide Financial Support to Syria’s State Employees Read More
The recent lifting of Western sanctions on Syria has sparked hope for improvement in daily life and economic recovery for many citizens. Activists, professionals, and analysts see it as a …
Lifting of Sanctions Offers Hope for a New Beginning in Syria Read More
Moody’s upgraded Nigeria’s credit rating from ‘Caa1’ to ‘B3’ due to significant improvements in external and fiscal positions. The country’s economy is experiencing its fastest growth in nearly a decade, …
Moody’s Upgrades Nigeria’s Rating to ‘B3’ Amid Improved Economic Indicators Read More
According to the World Bank’s latest report, almost half of Nigerians live in poverty, driven by inflation that outpaces minimum wage growth. It notes that 46% of the population now …
World Bank: Nearly Half of Nigerians Living in Poverty Amid Rising Inflation Read More
Dr. Akinwunmi Adesina highlights Nigeria’s declining per capita GDP, exposing economic mismanagement compared to South Korea’s growth. Critics challenge the accuracy of these claims, as the government struggles with inflation …
Urgent Economic Reforms Needed to Rescue Nigeria’s Economy and Society Read More
Vera Daves de Sousa, Angola’s Finance Minister, has distinguished herself at the IMF and World Bank spring meetings. Despite Angola’s exclusion from international markets, Daves de Sousa brings considerable experience …
Vera Daves de Sousa: Angola’s Finance Minister Championing Economic Reform Read More
Angola is in discussions with the IMF for potential financing options due to soaring bond yields and declining energy prices. The country aims to avoid international debt markets until yields …
Angola Weighs IMF Support as Bond Yields Surge and Oil Prices Fall Read More
Saudi Arabia and Qatar will pay Syria’s $15 million World Bank debt to aid recovery. The repayment aims to unlock financial support for development, with a call for enhanced international …
Saudi Arabia and Qatar to Repay Syria’s $15 Million World Bank Debt to Aid Recovery Read More
Saudi Arabia and Qatar announced on Sunday that they will pay off Syria’s $15 million debt to the World Bank, aiming to accelerate the country’s recovery. The action is expected …
Saudi Arabia and Qatar to Settle Syria’s $15 Million Debt to World Bank Read More
Argentina’s peso fell over 11% against the US dollar after President Milei’s government eased currency controls for a $20 billion IMF bailout. The decision poses political risks with elections approaching …
Argentina’s Peso Declines Sharply Following Eased Currency Controls Read More