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Tag Archives: GDP

Uganda’s inflation a fetish

Why government policy to control inflation at 5% under whatever circumstances is misguided THE LAST WORD | ANDREW M. MWENDA | A fetish is an inanimate object (like a small stone or wood curving of something like an animal) that is worshipped for its supposed magical powers. That is what …

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Government concealing debt figures: Experts

Kampala, Uganda | THE INDEPENDENT | Experts have faulted the government for using statistics that do not give the real picture of the state of affairs to define the performance of the economy. An example is the Debt-to-GDP ratio that the government uses to determine the safety and strength of the …

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Singapore’s GDP contracts by 5.8 pct in 2020

Singapore, Republic of Singapore  | THE INDEPENDENT |   Singapore’s Ministry of Trade and Industry announced on Monday morning that based on advance estimates, the country’s gross domestic product (GDP) for the whole of 2020 fell by 5.8 percent year on year, compared to the 0.7 percent growth in 2019. For …

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New Google-IFC report estimates Africa’s Internet economy to be $180 billion in next five years

  Johannesburg, South Africa | THE INDEPENDENT |  The e-Conomy Africa 2020 report released today by Google and the International Finance Corporation (IFC), estimates that increased access to faster and better quality internet, and Africa’s commitment to creating the world’s largest single market under the African Continental Free Trade Area, …

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