By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Tuesday projected a 3.5 percent (3½%) Gross Domestic Product (GDP) growth at the end of year 2013. This is coming on the heels of the Conclusion of the 2013 Regional Consultation on Common Policies for the Member Countries of the […]
Tag: GDP
Zimbabwe’s External Debt High-Lagarde
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, Managing Director (MD) of the International Monetary Fund (IMF) Thursday said Zimbabwe’s external debt is high and largely in arrears. Lagarde made this affirmation at the approval of a Staff-Monitored Program (SMP) for Zimbabwe, covering the period April-December 2013. “Zimbabwe’s external debt is […]
7% tax contribution to GDP unacceptable- Okonjo-Iweala
The Minister of Finance, Dr. Ngozi Okonjo-Iweala has said the nation’s tax to Gross Domestic Product ratio of seven per cent of GDP is not sufficient to build a strong economy. Okonjo-Iweala said this during a presentation at the spring meeting of the World Bank Group and the International Monetary […]
