FiscalPolicies

Angola's Kwanza Predicted to Hold Steady Amid Economic Stability

1 month ago

Angola's central bank has projected that the national currency, the kwanza, will maintain its stability through the end of 2024. This optimistic outlook is rooted in proactive measures taken by the Angolan government to safeguard the economy and mitigate inflationary pressures. The optimistic sentiment mirrors Angola's broader economic strategy aimed at sustaining growth and fostering investor confidence.

IMF Adjusts Global Growth Forecast Amid Rising Economic Challenges

2 months ago

The International Monetary Fund (IMF) has revised its global growth forecast, signaling concerns about diminishing economic momentum across various regions. In its latest update, the IMF projected that the global economy would expand by just 3.0% in 2024, marking a significant downgrade from earlier predictions. The adjustment reflects a convergence of factors that threaten to destabilize the economic landscape, including elevated inflation rates, high interest rates, and geopolitical tensions.

Portugal’s Opposition Leader Signals Green Light for Budget Passage

3 months ago

This is a big development in the Portuguese political scenario-the head of the main opposition party just signaled that he was en route to letting the government budget sail through easily. As an announcement, this reflects an important U-turn in the political landscape, which could be broadly predestining for the economic stability and governance of Portugal.