Ghana’s inflation rate surged past its 21-year record high in August as its annual inflation rate climbed to 37.2 per cent in September from 33.9 recorded in August 2022.
The IMF estimates that Zambia needs $8.4 billion of “cash debt relief” from 2022 to 2025.
The bank noted that the amount being lost was about 8.1 per cent of the state GDP per year.
On a year-on-year basis, however, the nominal GDP rose by 3.54 per cent.
The UN chief said the paradigm of growth based on fossil fuels would also deliver a “permanent triple whammy of inflation’’ and conflict.
World Bank asks Buhari regime to stop fuel subsidy; focus on pro-poor causes
The NBS said the first quarter 2022 growth rate further represents an improvement in economic performance.
France’s GDP came to a halt in the first quarter of 2022, posting a 0.0 per cent change, the French National Institute of Statistics and Economic Studies.
![EIFFEL TOWER [Photo Credit: CNT]](https://gazettengr.com/wp-content/uploads/9789AB25-385B-47EB-8503-8B9CA51F8DAF.jpeg)
Lagos had the highest number of movies produced for the period under review with 179
“There will also be investment for our local communities because they will benefit when tourists start trooping in…”
