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Angola May Privatize State-Owned Oil Firm To Boost Production

Premium Content Angola May Privatize State-Owned Oil Firm To Boost Production By Tsvetana Paraskova - Apr 21, 2021, 2:00 PM CDT OPEC member Angola was Africa’s top oil producer six years ago when oil prices crashed in 2015-2016, slashing oil-producing countries’ revenues and forcing international oil companies to reconsider their exorbitant spending plans made at $100 oil. Half a decade after the price crash that began in 2014, Angola is now the third-biggest oil producer in Africa, behind Nigeria and even behind conflict-ridden Libya. Angola is now betting on reviving its oil industry and jumpstarting its oil-dependent economy, which has been in recession for five consecutive years.

Baltazar miguelTsvetana paraskovaOil prices steady despite surprise crudeInternational monetary fundRegional economic outlookSub saharan africaபால்டாசர் மிகுவல்சர்வதேச பண நிதிபிராந்திய பொருளாதார ஔட்‌லுக்

Opening address by the Eurogroup President, Paschal Donohoe, at Schuman Centre for Advanced Studies in Florence on Coordinating Euro Area fiscal policy to drive an inclusive recovery

Opening address by the Eurogroup President, Paschal Donohoe, at Schuman Centre for Advanced Studies in Florence on Coordinating Euro Area fiscal policy to drive an inclusive recovery
consilium.europa.eu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from consilium.europa.eu Daily Mail and Mail on Sunday newspapers.

Paschal donohoeAlcide de gasperiHertie schoolNational recoveryEuropean unionBanking unionResearch centres on europeanResearch centresInclusive formatMember statesEuro summitEuropean deposit insurance schemeMadame lagardeSpring forecastResilience facilityRegional economic outlook

Six Charts Show the Challenges Faced by Sub-Saharan Africa

By Abebe Aemro Selassie and Shushanik Hakobyan Although the outlook for the region has improved since October 2020, the -1.9 percent contraction in 2020 remains the worst performance on record. Sub-Saharan Africa will be the world’s slowest growing region in 2021, and risks falling further behind as the global economy rebounds. Our latest Regional Economic Outlook: Sub-Saharan Africa takes a close look at the issues. On current forecasts, per capita GDP in many countries is not expected to reach pre-crisis levels until the end of 2025. Limited access to vaccines and the region’s lack of fiscal space are expected to weigh on the outlook. As a result, the gap between sub-Saharan Africa’s growth and the rest of the world is expected to widen further over the next five years.

Democratic republic of the congoShushanik hakobyanAfrican unionAbebe aemro selassieSaharan africaRegional economic outlookSub saharan africaCommon frameworkSaharan africanDemocratic republicAfrican continental free trade areaஜனநாயக குடியரசு ஆஃப் தி காங்கோபிராந்திய பொருளாதார ஔட்‌லுக்பொதுவானது கட்டமைப்புஜனநாயக குடியரசு

IMF Stands By Modest Growth Forecast For Armenia

IMF Stands By Modest Growth Forecast For Armenia Ապրիլ 20, 2021 U.S. - A man walks past the International Monetary Fund (IMF) logo at its headquarters in Washington, May 10, 2018. Կիսվել Տարածել Տպել The International Monetary Fund has reaffirmed its earlier projection that Armenia’s economy will grow by only 1 percent this year after shrinking by 7.6 percent in 2020. In its latest Regional Economic Outlook released this month, the IMF pointed to the continuing negative effects of the coronavirus pandemic as well as last year’s war in Nagorno-Karabakh. The quarterly report singles out the pandemic’s severe impact on the Armenian tourism sector which had grown rapidly since the late 2000s. It says that the sector is “projected to recover gradually sometime between 2022-2023.”

Central bankWorld bankRegional economic outlookSouth caucasusIn englishமைய வங்கிஉலகம் வங்கிபிராந்திய பொருளாதார ஔட்‌லுக்தெற்கு காகசஸ்இல் ஆங்கிலம்

Sub-Sahara Africa yet to feel impact of Covid-19 -IMF - The Chronicle Online

Sub-Sahara Africa yet to feel impact of Covid-19 -IMF - The Chronicle Online
thechronicle.com.gh - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thechronicle.com.gh Daily Mail and Mail on Sunday newspapers.

Sahara africaInternational monetary fundLevel international summit on financing for africaBretton wood institutionSub sahara africaSaharan africaRegional economic outlookSub saharan africaLong pandemicGlobal accessHigh level international summitசர்வதேச பண நிதிபிரெட்டன் மரம் நிறுவனம்பிராந்திய பொருளாதார ஔட்‌லுக்நீண்டது சர்வதேச பரவல்உலகளாவிய நுழைவு