The World Bank lowered its 2025 global growth forecast to 2.3 per cent, down from 2.7 per cent previously expected.

A National Assembly panel on Friday termed a nominal reduction in the salaried class income tax rates a "joke", as discussions revealed that the salaried individuals would still pay around Rs535 ...

Former IMF official Desmond Lachman highlights risks from Trump tariffs and tax cuts, warning of potential inflation, higher ...

The government’s new 1.93 trillion Birr federal budget—its first since signing a USD 3.4 billion agreement with the ...

Studies have quantified this phenomenon. One cross-country analysis showed that a 10 percentage point increase in the credit-to-GDP ratio in the lead-up to a recession was associated with an increase ...

Public debt is projected to reach nearly 100 percent of global gross domestic product by the end of this decade, surpassing even pandemic-level highs.

To fulfil another commitment with the International Monetary Fund (IMF), Pakistan is all set to impose Rs77/litre Petroleum Levy, in addition to Carbon Levy of Rs2.5/litre, on furnace oil from next ...

Anambra Governor Soludo says Tinubu’s reforms prevented Nigeria’s economy from collapsing and gave it room to breathe.

The International Monetary Fund (IMF) has endorsed the introduction of a GH¢1 per litre levy on refined petroleum products, ...

While public concern is rising over the worsening situation, the Janatha Vimukthi Peramuna/National People’s Power (JVP/NPP) ...

By A Correspondent The administration of President Emmerson Mnangagwa is seriously considering a major shift in Zimbabwe’s monetary policy that could result in the removal of the US dollar as ...

The budget debate in the Senate commenced with a blistering criticism from Opposition Leader Shibli Faraz, who blasted the ...