By Reuters Staff
1 Min Read
DAKAR, March 9 (Reuters) - Ghana President Nana Akufo-Addo said on Tuesday that the government expects the economy to grow by more than 5% in 2021. (Reporting by Bate Felix Editing by Aaron Ross)
By Reuters Staff
3 Min Read
TORONTO (Reuters) - The Bank of Canada on Wednesday left its key overnight interest rate unchanged at 0.25%, as expected, and said it would maintain its current policy of quantitative easing. The central bank reiterated that it would leave rates unchanged until economic slack is absorbed, currently expected at some point in 2023. It made the comments in a regular rate decision statement.
FILE PHOTO: Governor of the Bank of Canada Tiff Macklem walks outside the Bank of Canada building in Ottawa, Ontario, Canada June 22, 2020. REUTERS/Blair Gable
COMMENTARY
DOUG PORTER, CHIEF ECONOMIST AT BMO CAPITAL MARKETS
Indonesia's new sovereign wealth fund is exploring investment in dozens of projects, including toll road concessions worth $2.6 billion, in its first foray into infrastructure assets, a deputy minister said on Wednesday.
British 10-year index-linked bonds attracted record demand at a government auction on Wednesday, adding to signs of concern that inflation might rise faster than expected.
South Africa's long-delayed 37 billion rand ($2.46 billion) Lesotho Highlands Water Project (LHWP) - facing funding pressures, COVID-19 delays and protests in the tiny mountain kingdom - will begin water delivery in 2027.