April 14, 2015/IMF Blog Benedict Clements and Marta Ruiz-Arranz Plunging oil prices have taken the public finances on an exciting ride the past six months. Oil prices have fallen about 45 percent since September (see April 2015 World Economic Outlook), putting a big dent in the revenues of oil exporters, […]
World News
Africa: End of the Commodity Super-Cycle Weighs on Growth
April 13, 2015 Press Release/World Bank Sub-Saharan Africa’s growth will slow in 2015 to 4.0 percent from 4.5 percent in 2014, according to World Bank projections released today. This downturn largely reflects the fall in the prices of oil and other commodities, notes Africa’s Pulse, a twice-yearly World Bank Group analysis […]
Ghana to Issue $1 Billion Eurobond by End June
By InvestAdvocate Lagos (INVESTADVOCATE)- Ghana is aiming to issue a $1 billion Eurobond by the end of June, a Reuters report quoted James Avedzi of the country’s head of the parliamentary finance committee. According to the report, this will bring forward the timing of the issuance which had been scheduled […]
