Tag: Economic Recovery
-
Pakistan Moves to Cut Bank Financing Reliance with SECP-led Market Reforms
Overview: A Shift from Bank Dependency to Capital Markets The federal government, in collaboration with the new leadership of the Securities and Exchange Commission of Pakistan (SECP), has reaffirmed its commitment to a broad reform agenda aimed at reducing the country’s reliance on traditional bank financing. The policy focus centers on expanding the role of…
-
Waterstones boss defends government’s business rates shake-up
Waterstones chief lauds government business rates shake-up The head of Waterstones has publicly defended the government’s recent business rates reforms, arguing that the shake-up is a pragmatic step for the high street and that it has delivered tangible benefits for outlets in economically challenged areas. In an interview conducted amid ongoing debates about retail taxation…
-
Ghana’s Swift Economic Turnaround Stuns President Mahama
Introduction: A Surprising Economic Comeback In a surprising turn of events for many observers and citizens, Ghana’s economy has shown signs of a rapid recovery. President John Dramani Mahama recently expressed astonishment at the speed of the country’s economic turnaround, noting that the improvement has outpaced even his most hopeful projections when his administration assumed…
-
Ghana’s Rapid Economic Turnaround Impresses President Mahama
Ghana’s Economic Turnaround Surprises Even Its Architect The conversation around Ghana’s economy has taken a remarkable turn. President John Dramani Mahama recently expressed astonishment at the speed with which the country’s economy has recovered from years of economic turbulence. Speaking in a public venue, the former president noted that the turnaround occurred far more rapidly…
-
Philippine Auto Sales Reach New High in 2025 Despite Short of Target
Record-Setting Year for Philippine Vehicle Sales The Philippine automotive industry closed 2025 with a record-high sales figure of 491,395 units, signaling strong demand across segments. While this marks a milestone in the country’s auto market, it also fell short of the 500,000-unit target set by industry stakeholders. The year’s performance reflects a combination of recovering…
-
IMF’s $70B Lifeline for Sub-Saharan Africa during COVID-19
The International Monetary Fund (IMF) committed substantial financial support to Sub-Saharan Africa as the COVID-19 pandemic disrupted economies, currencies, and public health systems. According to Abebe Aemro Selassie, Director of the IMF’s African Department, the fund mobilized close to $70 billion in financial assistance to help the region weather the crisis. The figure reflects a…
-
IMF Disbursed About $70 Billion to Sub-Saharan Africa During COVID-19 Crisis
Overview: IMF’s Pandemic Support to Sub-Saharan Africa The International Monetary Fund (IMF) mobilized substantial financial backing for Sub-Saharan Africa during the most intense period of the COVID-19 crisis. In a disclosure that underscores the urgency of the pandemic response, Abebe Aemro Selassie, the IMF’s Director of the African Department, confirmed that the fund channeled close…
-
IMF Backstops Sub-Saharan Africa with About $70 Billion During COVID-19, Official Confirms
IMF Delivered roughly $70 Billion in COVID-19 Support to Sub-Saharan Africa, Official Confirms The International Monetary Fund (IMF) channelled close to $70 billion in financial assistance to Sub-Saharan African countries at the height of the COVID-19 pandemic, according to remarks by the IMF’s Africa Department Director, Abebe Aemro Selassie. The disclosure sheds new light on…
-
Mark Carney Expands Global Network in Davos with Gaza Reconstruction Board Invite
Davoss in Focus: Carney Seeks New Friends and Trading Partners The annual Davos gathering has long been a stage for high-stakes conversations about global finance, trade, and politics. This year, former Bank of England governor Mark Carney is turning heads as he signals a pivot toward expanding his international network. Reports from senior government officials…
-
Mark Carney at Davos: Seeking New Friends and Trading Partners
At Davos, Carney prioritizes global connections The Swiss conference in Davos remains a magnet for global leaders and financial figures, and this year the spotlight is on Mark Carney as he navigates a landscape of growing geopolitical tension and shifting trade patterns. Reports indicate Carney is leveraging the gathering to build new alliances and broaden…