In February 2024, Ghana grappled with soaring annualized percentage rates (APRs) for bank loans, casting a shadow over its economic prospects. The latest report unveiled a harsh reality: industries, households, and Small and Medium Enterprises (SMEs) faced formidable borrowing costs, hindering growth. Industries Under Pressure: With APRs for industries stubbornly…
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Hungary has lost its relatively good position among East European EU members, according to the development of the actual individual consumption (AIC) indicator,