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Wednesday, May 22, 2024
Ghana’s 55% debt as a proportion of gross domestic product (GDP) target for 2028 does not appear feasible, S&P Global Ratings said in an African Domestic Debt report.

Ghana’s 55% Debt to GDP Target Not Feasible -S&P

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Ghana’s 55% debt as a proportion of gross domestic product (GDP) target for 2028 does not appear feasible, S&P Global Ratings said in an African Domestic Debt report.
Zimbabwe Stops Foreign Currency Borrowing

Zimbabwe Stops Foreign Currency Borrowing

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Amidst weakening local currency, Zimbabwe’s President Emmerson Mnangagwa has ordered the central bank to stop foreign currency borrowing, as the government battles...
Ghana’s Inflation Rate Climbs to 42.2%

Ghana’s Inflation Rate Climbs to 42.2%

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Ghana’s headline inflation rate accelerated to 42.2% year on year in May, a 100 basis point increase from 41.2% in April, the statistics said in a statement on Wednesday...