OSBC Osun State Broadcasting Corporation
The International Monetary Fund (IMF), yesterday, handed a mixed scorecard about Africa’s near-term economic outlook, saying there is limited or nonexistent fiscal space to maneuver the “new shock” triggered by the Ukraine war. The position was contained in the April Regional Economic Outlook with the tagline ‘a new shock and …
Read More »COVID-19: IMF Approves $7.6 Million Debt Relief in Burundi
The International Monetary Fund said it had approved $7.6 million debt relief to Burundi to help address the economic impact of the COVID-19 pandemic. It said the relief for three months would be potentially raised to $24.97 million over the next 21 months if resources are available. “IMF debt relief …
Read More »We Borrowed Money to Rescue Osun From Infrastructure Deficit, Poverty – Aregbesola
The Governor, State of Osun, Ogbeni Rauf Aregbesola said that he resorted to borrowing developmental projects due to the terrible infrastructure deficit and level of poverty he met when he assumed office in 2010. According to Aregbesola, borrowing to finance projects in the state was a child of necessity for …
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