Moody’s has downgraded the outlook for Mauritius from Stable to Negative, but maintained its sovereign rating at Baa3. The downrating is mainly...
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**Fiscal measures** According to Moody’s comments, dated 16 December 2024, the Government should run a primary fiscal balance to reduce the public debt to GDP ratio, and demonstrate the effective execution of proposed reforms by a balance between deficit reduction and the preservation of essential social spending. Since then, the Government has increased social spending and the fiscal deficit by about 1.5% of GDP, and has yet to show concrete actions on fiscal reform. Mauritius cannot co ...
Moody’s has downgraded the outlook for Mauritius from Stable to Negative, but maintained its sovereign rating at Baa3. The downrating is mainly...
Thirty African Heads of State and government have committed to concrete reforms and actions to expand access to reliable, affordable,...
The Moroccan government has announced a reduction in its budget deficit to 3.9% of the Gross Domestic Product (GDP) for 2024, down from 4.4% in 2023,...
The Moroccan government has announced a reduction in its budget deficit to 3.9% of the Gross Domestic Product (GDP) for 2024, down from 4.4% in 2023,...
Kenya’s Deputy President, Kithure Kindiki, has revealed that the Kenya Kwanza administration, led by President William Ruto, plans to leverage...
Focussed execution drives strong operating and financial momentum. Second share buyback programme launched Operating highlights• The total customer...
The All Progressive Congress, APC Youth Leaders League, has slammed the former Vice President Atiku Abubakar for lying against President Bola...
Governor of Bauchi State, Senator Bala Mohammed, has been counseled to stop using the appointment of Chief Ezenwo Nyesom Wike, as Minister by...
Global credit ratings agency Moody’s has revised Kenya’s sovereign credit outlook from “negative” to “positive,” marking a significant...
By Alhaji Ibrahim Mohammed Ajia, As we celebrate the 60th birthday anniversary of my dearest 'mum' Ms. Arunma Oteh, I am overwhelmed with a sense...