Tag: Africa
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Nigeria aims to cut number of taxes to fewer than 10 – official
Nigeria is aiming to reduce the number of taxes levied by federal and state governments from more than 60 to fewer than 10, the...
Multilateral development banks pledge stronger financing capacity for greater impact
Heads of multilateral development banks (MDBs) attending this year’s IMF/World Bank Annual Meetings in Morocco have pledged to strengthen their individual and collaborative actions...
Debt squeeze leaves sub-Saharan Africa’s governments in fiscal bind
The International Monetary Fund (IMF) urged sub-Saharan African policymakers last week to cut costly fuel subsidies and raise more in taxes, measures that may...
Developing countries facing a debt crunch
High interest rates, growing investor risk aversion and borrowing that ballooned in recent years have left a range of developing economies mired in debt...
Chinese loans to Africa plummet to near two-decade low – study
Chinese sovereign lending to Africa fell below $1 billion last year - the lowest level in nearly two decades - underscoring Beijing's shift away...
