The oil industry has criticised the government's plan to impose carbon and petroleum levies on furnace oil, warning that the move - aimed at meeting IMF's conditions - could further strain finances as ...

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 ...

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) ...

As geopolitical tensions rise in the Middle East, Sri Lanka finds itself in a challenging economic position, reflected in its ...

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 ...

Pakistan’s annual budget has traditionally been more of a routine fiscal exercise conducted every year, covering only one year, voted every year, and executed over one year, rather than a fully ...