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Auditor general validates rationale for suspension of fiscal rules
“Based on the results [of a review of briefs from the Planning Institute of Jamaica and the finance ministry], which I found to be similar to the ministry's revised forecast for the central government accounts, I validate that the estimated fiscal impact of the eventuality — the COVID-19 pandemic
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Source: Jamaica Observer: Jamaican News Online – the Best of Jamaican Newspapers - JamaicaObserver.com
Nigeria Loses N125bn Oil Revenue to COVID-19 As Price Slumps in Q1
The shortfall, attributed to the double whammy of the headwind caused by the COVID-19 pandemic and the slump in oil price due to a sharp drop in demand and price war between two powerful producers, Russia and Saudi Arabia, representing a 31 per cent of the prorated oil revenue
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Source: allAfrica.com
Sponsored by Eastern Bank
South Africa's recession deepened in first quarter
South Africa’s recession deepened in the first quarter of 2020, with official data on Tuesday showing that GDP contracted 2% from the previous three months, led by declines in mining and
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Source: TechCentral
Africa: Digitalizing Sub-Saharan Africa - Hopes and Hurdles
In the latest analytical chapter for the Regional Economic Outlook for sub-Saharan Africa,the IMF's African department* examines how digitalization can transform economies and
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Source: allAfrica.com
Nigeria: Buhari Has Performed Creditably, Says Presidency
Abuja — The presidency thursday gave the administration of President Muhammadu Buhari a positive rating, five years after it came into
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Source: allAfrica.com
Sponsored by APEX Museum
Uganda: Tax Relief Measures in Response to COVID-19
However, there have been several measures that have been implemented by the Government of Uganda to prevent the spread of Covid-19, leading to a shutdown of many of the economic activities in both domestic and international trade, such as closure of the international airport except for
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Source: allAfrica.com
Sponsored by NSBE Boston
Ghana: Govt to Roll Out Economic Rescue Programme--Finance Minister
The government is developing a three-year COVID-19 alleviation programme to be known as "The Ghana Cares Programme" to help rescue the economy from the clutches of the coronavirus
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Source: allAfrica.com
Rwanda: MPs Want Clear Plan to Increase Agricultural Loans
MP Théogène Munyangeyo, Chairperson of the Committee, said that agriculture received only 1.5 per cent of the total loans provided by commercial banks in Rwanda in the 2018/2019 financial
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Source: allAfrica.com
World Bank lends Kenya Sh4.5bn for locusts fight
World Bank lends Kenya Sh4.5bn for locusts fight
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Source: Business Daily
Sponsored by New York University
Africa: As Lockdown Fuels Food Shortages, Africa Goes Online for Groceries
From sharing grocery costs to food remittances, African tech entrepreneurs are finding ways to keep fresh food affordable
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Source: allAfrica.com
Nigeria coronavirus: almost 20,000 cases; govt pays $12m hazard allowance
Confirmed cases = 19,808
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Source: Africanews | Latest breaking news, daily news and African news from Africa
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Gold: The solution to a $5.3-trillion money-printing problem
Since this backing has been removed, the value of gold has risen — because its supply is limited — while some currencies have been devalued as more and more money has been magically created through quantitative
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Source: TechCentral
EDITORIAL: Address farmers’ woes
EDITORIAL: Address farmers’ woes
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Source: Business Daily
BODO: Kenya needs a much larger economic stimulus package
The kazi-kwa-vijana is a programme that largely fulfills John Keynes’ prophesy: in bad economic times, a government might as well bury banknotes in jars underground, then employ thousands of (young) people to dig them
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Source: Business Daily
Nigeria: A Takeaway Not to Be Ignored
So, the point at issue here is the prioritisation of education and health, two major components of the social
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Source: allAfrica.com
Africa: COVID-19 & Africa SMEs - Refocus, Reimagine, Regionalize & Revamp-Financing!
More Africa nations should consider creating small business ministries, so that SME support is not subsumed under broader ministries like trade or
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Source: allAfrica.com
Sponsored by National Black MBA Association (NBMBAA) Boston Professional Chapter
'Half a decade of lost output': The grim toll on SA of Covid-19
South Africa stands to lose five years of potential economic output due to the shock from the coronavirus pandemic and measures to curb its spread, according to the Reserve
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Source: TechCentral
Sponsored by Intellitech
Sierra Leone needs $309 million to address COVID-19 impact on the economy – says government
“To alleviate this impact, fund the Quick Action Economic Response Programme, the Health Programme and the Social Impact Programme the Government is seeking: Additional emergency support from the IMF, including one or more of the following
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Source: SIERRA LEONE TELEGRAPH – Sierra Leone News
Sudan: Staple Food Prices Continue to Increase in Sudan
Khartoum — Because of the continuing economic crisis in Sudan and Covid-19 containment measures, staple food prices continued to increase more rapidly than normal last month, the UN Office for the Coordination of Humanitarian Affairs stated in its latest Situation
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Source: allAfrica.com
Bank of Sierra Leone stimulus package and its impact on the economy
Devastating as this pandemic is, there is an opportunity for the government of Sierra Leone to fundamentally change the direction of the local economy by offering an economic response that is not only proportionate to the scale of the disruption, but one that is bold and big enough to define a new
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Source: SIERRA LEONE TELEGRAPH – Sierra Leone News
Amid lockdowns, Africa goes online for groceries
Mpofu worried about where she would get fresh food, until she saw a message in her local church WhatsApp group about Fresh in a Box — one of rising numbers of African technology companies getting fresh food to people under
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Source: TechCentral
Africa trade deal to push ahead even if another Covid-19 wave hits
The Africa-wide free-trade agreement is unlikely to face any further delays even if a second wave of coronavirus infections hits the region, according to the deal’s top
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Source: https://www.news24.com
Rwanda: National Budget - Economic Recovery to Take Lion's Share
The Government has said that it plans to spend the biggest share of the 2020/21 budget on activities that will boost the economy as part of a broader plan to respond to the impact of
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Source: allAfrica.com
Sponsored by Diversity In Action
Rwanda: How Rwanda Will Raise Resources for 2020/21 Budget
The government expenditure is expected to rise in the coming fiscal year [2020/2021] by about Rwf 228
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Source: allAfrica.com
Sponsored by Illinois Math and Science Academy
Africa: Agroecology Strengthens Farmers' Resilience but Highly Underfunded in Africa
Nairobi — With just a quarter of an acre of land in Kesses near Kenya's Eldoret town in the Rift Valley region, Samson Tanui is practising agroecology and his permaculture unit has become the centre of attraction for farmers from near and afar amid food shortages during the current COVID-19
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Source: allAfrica.com
Pension savings hold key to home ownership
Pension savings hold key to home ownership
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Source: Business Daily
Nigeria: Buhari Has Performed Incredibly Well - Sen Abu Ibrahim
It is a fact that the magnitude of mismanagement of our national resources, of corruption, and of lockdown of the country's growth potential was at the highest in the years before the present administration came
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Source: allAfrica.com
Sponsored by Association of Latino Professionals For America (ALPFA) Boston Professional Chapter
Tunisia: HPR Approves Draft Law On Social and Solidarity Economy
Tunis/Tunisia — The House of People's Representatives (HPR) approved at a plenary session held on Wednesday the draft law on social and solidarity economy with 131 votes for, 0 against and
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Source: allAfrica.com
African economic and social awakening: Lessons from Singapore
Singapore is a relatively young country, like many in Africa, but is now globally considered as an example to follow in terms of sustainable economic
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Source: SIERRA LEONE TELEGRAPH – Sierra Leone News
Sponsored by New York University
NAPIER: Kenya ought to review its tax incentive model
Kenya ought to review its tax incentive model
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Source: Business Daily
More from Stabroek News - Guyana's Most Trusted Newspaper
COVID-19 cases rise to 113
US House of Representatives members call for return of Carter Center team
Guyana Goldfields receives unsolicited proposal from Canadian mining company
May-June rains here
Lethem COVID-19 case escapes, held in Brazil
Trinidad salon owner Jowelle De Souza defies business ban
Trinidad: Royal Castle bitter as KFC enjoys smooth restart
57 children among Jamaica’s 505 COVID-19 cases
Jamaican mom proud of history-making black valedictorian at Princeton University
Jamaica: Church leader rejects demand for worshippers to masks
Guyana Goldfields could lay off as many as 85% of employees - -in transition from open pit to underground mining
Region Nine reports first COVID-19 case - -total number at 109
Second string side out! - —No weakened side if England tour proceeds, says Skerritt
Day six: GECOM recounts 53 boxes - -timeline for discussion today
TT star Jamal Nicholas aims to go pro
Vryheid’s Lust woman stabbed to death by son-in-law
GECOM acknowledges that complaint was filed against Mingo declaration 
Essequibo T20 Bash Cricket Committee donates hampers
COVID-19 testing site launched at Merriman Mall
Boxing association delivers on promise
Rupununi’s Deep South villages fear harder rainy season with COVID restrictions - -some residents call for exemption from curfew 
King targets T20 World Cup - Batsman wants to display his talents on the global stage
Four Corentyne men on seven armed robbery charges
Civil Defence Commission issues flood warning
Player safety major consideration for CWI on England tour: Skerritt
GPSU disturbed by lack of action on low pay, poor conditions for nurses
Raina calls on BCCI to lift overseas T20 ban
Private sector writes GECOM about unfounded allegations made by party agents on elections
Making past PNC wrongs even more disgraceful now
New Zealand’s Super Rugby teams back in action from June
Two charged with attempted murder of Port Mourant vendor
Labourer chopped to death at Skull City
Brazil launches military operations to protect Amazon rainforest
Pique pessimistic about holding Davis Cup this year
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Venezuelan opposition advisers resign after failed operation to oust Maduro
No arrest yet in murder of Brazilian dredge owner - -dead bandit had been wanted over killing of another gold miner
Exited power as a laughing stock
Olympic champion Van der Breggen to retire after Tokyo Games
Hosein: T&T will suffer worst GDP in 40 years after COVID
Banking and customer distancing
China calls up three foreign-born players for first time
Port Mourant man caught with narcotics on $200,000 bail
Delivering education amid COVID-19
Digicel’s US$1.7-b debt restructuring deal amounts to default, says Moody’s
Remove the fraudulent Region 4 declarations from GECOM’s website
No elite sport in England until at least June 1, says government
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