To Check Short-Term Vulnerabilities By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The international monetary fund (IMF) Wednesday said Ghana’s economy slowed down and growth rate is estimated to drop to 5½ percent—well below the levels of recent years. The IMF said the slow in growth of Ghana’s economy is as a […]
Tag: Economic Growth
South Africa’s central bank hikes key rate to 5.5%
South Africa’s central bank raised its key interest rate to 5.5 percent on Wednesday as concerns grew over its weakening currency amid an emerging market rout. The bank hiked its key interest rate – the rate at which it lends to commercial banks – 50 basis points (bps) to 5.5 […]
20 Million People Still Unemployed in Euro Area-Lagarde
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, Managing Director (MD) of the International Monetary Fund (IMF) Monday said 20 million people are still unemployed in Euro Area which is of great concern. This is coming on the heels of a book published by the IMF ‘’Jobs and Growth: Supporting the […]
