ECONOMIC forecasting, ECONOMIC development, JOB creation, PRIVATE sector, ECONOMIC history
Abstract
The article offers the economic outlook for Cameroon. The country's growth rate, according to the seventh issue of the "Cameroon Economic Update." could stand at roughly 4.6% in 2013 due to the boost received from industrial agriculture. The private sector is also said to be the driving force behind strong growth and job creation.
The article provides an outlook for the economic condition of Rwanda. It expects that the economy of the country will grow by 7% to 8%, up from 5.5% in 2009. According to Minister of Finance and Economic Planning John Rwangombwa, the agricultural sector was the key factor of economic growth, having registered a 10.4% growth in 2009. Moreover, financial experts from the agency anticipate that private sector will increase by at least 20%, therefore, boosting the economic activity.
The article presents an outlook for Kenya's economic growth in 2012. According to the World Bank, economic growth is affected by several factors such as high food and fuel prices. Economic growth is predicted to reach 5.5 percent in 2012. The need for the country diversify its exports away from flowers and tea is also cited.
The article discusses banking and finance reports from the International Monetary Fund (IMF) for Africa as of January 1, 2017 including the economic growth and diversification in Angola, the economic forecast for Cabo Verde, and the resilience and growth-related risks for Morocco.
BOTSWANAN economy, 1966-, ECONOMIC development, MINERAL industries, CONSTRUCTION industry, DIAMOND industry, ECONOMIC forecasting
Abstract
This article looks at the growth of the economy of Botswana in the second quarter of 2011. A report attributed the growth to increased activities in the mining and construction industries. It also cited a surge in diamond prices and the government's infrastructure projects. The government expects the economy to continue to grow in 2012.
The article reports on the fiscal plans of east African countries such as Kenya, Rwanda and Uganda to overcome the economic recession. It cites that the countries raised spending with budgets of 11.4,1.48 and 3.3 billion dollars, respectivley. Meanwhile, the three countries were careful to avoid weighty tax measures to allow growth space for their economy despite the expectation to suffer slower growth in 2009.
ECONOMIC development, ECONOMIC recovery, ECONOMIC forecasting, ECONOMIC history
Abstract
The article reports on the economic condition of Central African Republic. After several years of conflict, the country has returned to economic growth, with a rate of 3.7% in 2006, compared to an annual average of 0.6% from 1998 to 2005. Its economic recovery process is anticipated to continue in 2007 and 2008 with the implementation of macroeconomic and structural reforms.
The article offers news briefs in Africa. International humanitarian organizations and the government of Cote d'Ivoire have requested donors for $56 million to aid around 4 million vulnerable people. The World Food Program will start distributing emergency assistance to people suffering from the effects of drought in Madagascar. The diamond production in Namibia is expected to drive the country's economic growth to 4% in 2007 and 4.5% in 2008.
ECONOMIC forecasting, ECONOMIC development, JOB creation, ECONOMIC history
Abstract
The article reports that the Moroccan government had revised its growth forecast for 2012 to 4.2 percent on February 2, 2012, which is short of the target set by new Prime Minister Abdelilah Benkirane. It says that the plan aimed to keep inflation at around 2 percent while creating jobs to reduce unemployment to 8 percent. According to finance minister Nizar Baraka, the revised growth rate is the result of the slowdown among partner countries and the international economic situation.
ECONOMIC conditions in Africa, 1960-, ECONOMIC development, CONFERENCES & conventions, ECONOMIC forecasting, BANKING industry
Abstract
The May 16-June 15, 2010 issue of "Africa Research Bulletin," Economic, Financial and Technical Series, is presented. It offers information on the 45th Annual Meetings of African Development Bank (AfDB) and the 36th Meetings of African Development Fund (ADF) held in Abidjan, Cote d'Ivoire in May 28, 2010. An overview of the economic outlook for Africa in 2010 is also provided.
ECONOMIC forecasting, WAGE increases, EXPORTS, ECONOMIC development
Abstract
The article offers news briefs related to economics in Africa. The government of Angola has approved a pay increase for public service workers and an increase in the national minimum wage. Ethiopia is planning to increase its exports by 20-25 percent per year. The economy of Uganda is expected to grow by 4.9 percent in 2005-06.
ECONOMIC forecasting, EMPLOYMENT, PUBLIC spending, ECONOMIC development
Abstract
The article reports that Finance Minister of South Africa Trevor Manuel stated that the economy will grow faster in 2005 than expected. Presenting the annual Medium Term Budget Policy Statement to parliament, Manuel raised the growth forecast from what is predicted in the budget in February 2005. The findings of a study suggest that jobs are being created at a faster rate than what is in the official employment figures and that the economy may be growing at the annual rate sought by government.
Published
2005
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