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650,000 Tunisians strike for pay rise amid economy struggles

About 650,000 public sector workers went on strike and thousands joined protests across Tunisia on Thursday over the government’s refusal to raise wages amid threats from international lenders to stop financing Tunisia’s tattered economy. Schools, […]
The post 650,000 Tunisians strike for pay rise amid economy struggles appeared first on Tribune. …

Nigeria requires 8% growth, not 1.9% –BudgiT

Nigeria requires 8% growth, not 1.9% –BudgiT

A Civil Society Organisation (CSO), BudgIT, says the Nigerian economy needs to grow by eight per cent and not 1.9 per cent in order to lift citizens out of poverty. Mr Atiku Samuel, Head Research, BudgIT said this in Abuja on Sunday. Samuel was reacting to the International Monetary Fund (IMF)’s prediction that Nigeria’s economy […]
The post Nigeria requires 8% growth, not 1.9% –BudgiT appeared first on The Sun Nigeria. …

IMF ON TAX IN NIGERIA: Expand tax net rather than tax rate, MAN, LCCI, other stakeholders tell FG

FACT CHECK: President Buhari’s List Of Northern Appointees Inaccurate!!! Several Names Omitted!!!- SEE HIDDEN LIST

By Peter Egwuatu, Nkiruka Nnorom, Rosemary Onuoha & Naomi Uzor
Manufacturers Association of Nigeria, MAN, Lagos Chamber of Commerce & Industry, LCCI, and other stakeholders in the private sector have called on the Federal Government to expand tax net and jettison any advice to increase Value Added Tax, VAT, stressing that Nigeria’s fragile economy would not be favourable for increase in tax rate.
The call came in reaction to the International Monetary Fund, IMF’s advice to the federal government to urgently review the country’s tax policies, with emphasis on taxing the richest three percent of the country’s population, widening the tax base and increasing compliance on VAT.
Continue reading IMF ON TAX IN NIGERIA: Expand tax net rather than tax rate, MAN, LCCI, other stakeholders tell FG at Vanguard News. …

Revenue growth: Widen tax base, increase VAT compliance, IMF tells FG again

Mission Chief and Senior Resident Representative of the International Monetary Fund, IMF, in Nigeria, Mr. Amine Mati, Tuesday, called for an urgent review of the country’s tax policies, with emphasis on taxing the richest three per cent of the country’s population, widening the tax base and increasing compliance on Value Added Tax, VAT.
Continue reading Revenue growth: Widen tax base, increase VAT compliance, IMF tells FG again at Vanguard News. …

Why our growth projections contradict Nigeria’s – IMF

For many years now including the mid-year economic growth projections, the World Bank and the International Monetary Fund, IMF, have consistently presented growth rates below Nigeria’s official figures, and the IMF’s director in charge of Africa, Mr Abebe Selassie, said the Bretton Woods Institution’s figures are always more current than Nigeria’s.
Continue reading Why our growth projections contradict Nigeria’s – IMF at Vanguard News. …

Next IMF loan will be ‘the last’: Pakistan finance minister

Liberia’s Supreme Court halts presidential run-off over fraud allegations

Pakistan’s finance minister promised Saturday to end the country’s reliance on International Monetary Fund bailouts to shore up its shaky economy, as officials prepare to negotiate a new loan. Asad Umar’s pledge comes days after Pakistan’s central bank warned inflation could double in the coming year — hitting 7.5 percent — while the country’s growth […] …

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