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Bamboo no longer just for Pandas!
In October 2012, the International Monetary Fund (IMF) published the World Economic Outlook (WEO), a forecast for more than 180 countries based on macroeconomic indicators such as gross domestic product (GDP), inflation and fiscal balance. Ghana’s 2012 GDP of +8.18% has it listed as one of the top 20 fastest […]
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An IMF Loan: The Only Real Cure for Egypt’s Ailing Economy
Despite a recent rise in its foreign reserves, Egypt is clearly suffering from an economic crisis as evidenced in its spiralling budget deficit that has now reached around 12% of GDP. As political instability continues, the crisis persists while the government seeks to stem it by taking loans from various […]