Tag: GDP

FG to spend 20% of revenue on debt servicing

The Minister of Finance, Dr. Ngozi Okonjo-Iweala, on Monday expressed concerns over the increasing rate of the nation’s domestic debt, and stated that about 19.87 per cent of the country’s projected revenue for 2014 would be spent on debt servicing. Okonjo-Iweala, who was briefing the private sector on the performance […]

Côte d’Ivoire Economic Growth to Exceed 8.5% in 2013-IMF

  By Peter OBIORA InvestAdvocate   Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Tuesday said Côte d’Ivoire’s economic growth is expected to exceed 8.5 percent (8.5%) in 2013 and inflation remaining moderate.   This is coming on the heels of discussions on the IMF’s Article IV consultation and the fourth review […]

IMF Projects -12.5% Decline in Ghana’s Economic Growth

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Wednesday said Ghana’s economic growth is likely to drop by -12.5 percent (-12.5%) from eight percent (8%) in 2012 to  seven percent (7%) in the current year.   This is coming on the heels of the Fund’s visit to the […]