Home » Posts tagged with » Budget Deficit

Zimbabwe’s Budget Deficit Soars After Pre-election Splurge

Zimbabwe’s Budget Deficit Soars After Pre-election Splurge

HARARE (Reuters) – Zimbabwe’s budget deficit swelled to $1.3 billion in the first half of 2018, nearly five times the initial target after government spending spiraled ahead of an election in July, a Treasury document showed on Thursday. Before a tight election on July 31, President Emmerson Mnangagwa’s government distributed free seed and fertilizer to […]

Nigeria President Gets Thumbs Up on U.S.$500 Million Budget Deficit Bailout

Nigeria President Gets Thumbs Up on U.S.$500 Million Budget Deficit Bailout

The National Assembly has approved the $500m Eurobond to fundthe 2016 budget capital projects’ deficit. In February, the then Acting President, Yemi Osinbajo, had in a letter addressed to both the Senate and House of Representatives sought the approval for the amount. Both chambers separately approved the sum during yesterday’s plenary. While the Senate had […]

Widgetized Section

Go to Admin » appearance » Widgets » and move a widget into Advertise Widget Zone