Tag: budget deficit

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Ghana’s 2025 Fiscal Deficit Seen Edging Past Target to 3.9%

Economic analysts at IC Research project Ghana’s fiscal deficit will reach 3.9% of GDP in 2025, narrowly exceeding the government’s revised 3.8% target. The forecast...

Ghana Faces Fiscal Pressure as Strong Cedi Cuts Key Revenues, Deloitte Warns

Ghana's significant currency appreciation is creating substantial revenue shortfalls that threaten fiscal stability, prompting Deloitte Ghana to urge immediate government action. The professional services firm...

Ghana Achieves Fiscal Surplus Through Spending Discipline

Finance Minister Cassiel Ato Forson announced Ghana secured a primary fiscal surplus of 1.1% of GDP in first-half 2025, exceeding the 0.4% target. The overall...

France Proposed Public Holiday Cuts to Reduce Budget Deficit

French Prime Minister François Bayrou has unveiled a contentious plan to eliminate two national holidays Easter Monday and May 8 (Victory in Europe Day)...

Ukraine’s Budget Deficit Grows 33% in 2024, Reaching $42 Billion Amid War and Foreign Aid Support

Ukraine's annual budget deficit grew by about 33 percent last year, reaching 1.77 trillion hryvnias (about 42 billion U.S. dollars), the government-run Ukrinform news...

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US banks clear Fed stress test, capital rules unchanged

All 32 big US banks passed the Federal Reserve's...

Zimbabwe gold mines go solar as grid falters

Gold producer Dallaglio has switched on solar plants at...

Nigeria microfinance purge catches five fintech lenders

Nigeria's central bank revoked 46 microfinance banking licences this...

Kenya creative programme deploys $9.3m amid $31m demand

Demand for creative business loans in Kenya has hit...

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