Borrowing can’t sustain economy, enhance domestic tax mobilisation – IMF MD to African countries

The Managing Director of the International Monetary Fund (IMF), Madam Christine Madeiline Lagarde, says African countries would not sustain their economies by borrowing. She admonished sub-Saharan African countries to enhance their domestic tax mobilisation to sustain their economies and help them to remain sovereign. Borrowing for investment risky She warned that relying on borrowing for […]

Bawumia speaks at IMF’s Future of Work Conference, amplifies drive to leverage technology to formalize economy

The Vice President, Dr. Mahamudu Bawumia has reiterated government’s commitment at leveraging technology to formalize the Ghanaian economy. The move according to him will also ensure greater technological integration in everyday life and geared towards positioning the country to take advantage of the 4th industrial revolution. The Vice President was speaking at the Future of […]

IMF boss touts Zipline’s use of drones for medical supplies in Rwanda, says it is a necessity for Sub-Saharan Africa

The Managing Director of the International Monetary Fund (IMF), Mrs Christine Lagarde, has lauded the Rwandan Government’s decision to employ the use of drone technology to supply blood and other essential medical supplies to her citizens. According to Mrs Lagarde, the use of drones and other technological innovations are essential if sub-Saharan African countries are […]