Vaxx2's Posts
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tylann:in the western sense of the word. No country in Africa is a fully developed country. But we have gotten a sizeable amount of middle income countries |
samorobo:Ghana will be the fastest-growing economy in the world this year, according to the International Monetary Fund. The lender’s growth forecast of 8.8 percent for the producer of cocoa, gold and oil dwarfs the 6.6 percent median in a Bloomberg survey. The IMF’s projection in its latest World Economic Outlook published Tuesday is “way too generous,”
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tylann:I actually don't believe all africa country are underdeveloped.What we have is allowing hunter to tell the story of how he hunt the lion. Until lion write his own story, the world in general Will still view africa as underdeveloped. Surely, there are trully underdeveloped african countries just like we have in eastern Europe amd southern America. But there is another africa that the media never wants us to know.. i mean the positive africa that is prosperous and progressive and it is just as developed as the Western europe. . Sadly, the NGO industry machine and the western countries never want you to see this side.. So many african state do have state of the art tech . we even use high tech gadgets like the rest of the world, I myself use a PS4 right in Ghana before. while using LTE internet to stream and download online games at great speeds. In african countries (that i know of like Nigeria, ivory coast, Ghana)had an impressive banking system . wherever I am in the country as long as I have my phone or tablet. I. Can conduct my transaction anywhere.. i also know we have online shops which are similar to Amazon (such as Tonaton ). We have an impressive call cable tv . Soth africa called it . (DSTV) where we can also stream movies etc. we have smart TV’s as well. |
IMF ranks Nigeria second worst performance on use of sovereign wealth The International Monetary Fund, IMF, Thursday, in its Fiscal Monitor report released at the ongoing Spring Meetings of the World Bank and IMF in Washington, United States of America, has ranked Nigeria as the second worst country in the world in the use of Sovereign Wealth funds. PDP queries FG, Presidency over N24.38tr debt profile This is even as the Fund advised the federal government to embark on tax reforms while using other fiscal policy instruments to complement the monetary policy in order to enhance economic growth amidst growing protest by Nigerians over proposed increase in Value Added Tax, VAT. The IMF Fiscal Monitor report showed that Nigeria beat only Qatar in the 33 country ranking where Ghana Sovereign Wealth Fund came second on the top performers after Columbia. The Fund explained that the index was compiled using the corporate governance and transparency scores of the sovereign wealth funds and the size of assets as a percentage of 2016 GDP of the countries considered. The Report stated: “It is critical to develop a strong institutional framework to manage these resources—including good management of the financial assets kept in sovereign wealth funds—and to ensure that proceeds are appropriately spent. “The governance challenges of commodity –rich countries – that is, the management of public assets- call for ensuring a high degree of transparency and accountability in the exploration of such resources. Countries should develop framework that limits discretion, given the high risk of abuse and allow for heavy scrutiny.” Meanwhile, Director, Fiscal Affair Department of the IMF, Mr Vitor Gaspar, Thursday, said that tax reform is a major issue in Nigeria and must be given adequate attention. He said: “Nigeria can use excise tax and also give tax incentives and exemption to enhance economic growth. Fiscal policy should tread carefully to balance growth and sustainability objectives.” He advocated for inclusive and growth-friendly budget re-composition to upgrade tax, social spending, and active labour market policies, as well as investment in infrastructure for better public service delivery.” While commenting on global fiscal policy, he said: “Over the past decade, fiscal policy has focused primarily on macroeconomic stabilization in response to shocks, notably the global financial crisis. Less emphasis has been placed on reforms to foster long-term inclusive growth by adapting to changing demographics, advancing technology, and deepening global integration.“ In many countries, public and private debt hover near historical peaks, long-term growth and development prospects are uninspiring, and inequality remains striking. With global growth slowing and uncertainty rising, fiscal policy should prepare for possible downturns—balancing growth and sustainability objectives—while also putting more emphasis on reforms to adapt to a fast-changing global economy. Read more at: https://www.vanguardngr.com/2019/04/breaking-nigeria-ranks-2-worst-in-use-of-sovereign-wealth-fund-in-the-world/ |
IMF warn Nigeria dept to GDP ratio is risky. https://www.vanguardngr.com/2019/04/imf-says-nigerias-debt-to-gdp-ratio-is-risky/ |
XhosaNostra:Gwarinpa is a suburb of abuja. Lasgidi is the same as lagos. Ogbomosho is part of oyo state. Anyway you have actually gotten the pictorial protection of Nigeria and what you need now is a visit. Though it is not something worth celebrating but something you can learn are abound in the country. |
XhosaNostra:lol.... You know gwarinpa. Xhosanostra the Nigeria girl |
tylann:Goverment then should engaged expert on forcasting so that this kind of development can be better enviasaged for possibility of desirable future when the drought happen again. |
tylann:Then kenya Goverment should develop new options, strengthen critical sector, make it a higher quality and top notch and most important . Transparency and peace must reign |
Ghanaian economy to grow by 7.6% this year – World Bank The World Bank has projected Ghana’s economy to grow by 7.6% this year. This is a slightly higher than government’s own 7.2% growth projection contained in the 2019 budget. This was revealed at a media interaction between the World Bank and journalists across the continent on the bank’s biannual report on the growth of Africa’s economies, dubbed Africa’s Pulse. This prediction was made on the back of an expected increase in oil and gas production and expected growth in non-oil revenue, with agriculture expected to see strong growth following government’s investments into the ‘Planting for food and jobs’ programme. World Bank Country Economist for Ghana, Kwabena Gyan Kwakye lauded government for passing the fiscal responsibility law, saying it was a good sign for future growth. He said, “The government has more or less made some form of attempts to actually tie itself. For example, we know the fiscal responsibility law that has been set is a very good signal to let everybody know that the government wants to tie itself going forward.” The World Bank, in its report, described as “fragile and somewhat disappointing”, the economies of the continent, following the downward review of the bank’s projections for growth on the continent. The continent’s growth is expected to be 0.4% lower than the October predictions made by the bank, following the 2.3% growth experienced by the continent in 2018. This growth is lower than the 2.5% growth experienced by the continent in 2017. Recent data from around the continent, however, points to a moderate strengthening of the growth in the region. This is due to strong performance expected from Nigeria and Angola, two of the continent’s biggest oil exporters. This will see the continent’s growth pick up to 2.8% and 3.3% in 2019 and 2020, respectively. The World Bank urged governments around the continent to embrace the digital economy as a means of opening new pathways to economic growth. World Bank Chief Economist for Africa, Albert Zeufack said, “The digital transformation can increase growth by nearly two percentage points per year and reduce poverty by nearly one percentage point per year in sub-Saharan Africa alone. This is a game-changer.” He urged governments around the continent to invest in digital infrastructure to boost broadband connectivity. He stressed that once connectivity is boosted and regulatory framework improves, the cost of internet on the continent will improve. He further urged African governments to focus on digital skills development of its citizens by improving the curriculum to inculcate digital skills in the youth. This, he said, would lead to the creation of jobs in the digital space, thereby leading to growth. Source. Thefinderonline.com |
AskiaHarem:ok, let me come to your level. What make you think Nigeria is better than GHANA in 2019? |
TayserMahri:That is a result of mishaps in genetic which is prone to antavistic tendency. |
NairobiWalker:whaoo. Do you also have ram fighting ceremony ? |
tylann:well, Goat is very lucrative in west Africa too. There isnpossibility of cross breeding, like missing kenya goat with west african species |
XhosaNostra:The first one look like she play for bafana bafana female team |
XhosaNostra: ![]() |
tylann:Whao , this are much of diary cow . What about cow meant for beef production |
tylann:Your native goat are much taller. Though we have this kind too in the northern part of the country |
sufferNsmiling:i am yet to get the cows myself. I have relative who has a lot of it but he has employ a fulani to care for them while he himself rare sheep and ram. |
AskiaHarem:You are getting more pained. Just check the picture you posted. You are getting confused. So this is really want you want?
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AskiaHarem:So.....
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tylann:I don't have much idea about them. Australia is very expensive and few job exist for foreigners |
AskiaHarem:""You can't fatten thouroughbreds"" LOL
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XhosaNostra:oh my ghad
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XhosaNostra:You know whatsup
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; ![]() XhosaNostra: |
tylann:Even chicken can be breed to lay more double yolked egg |
tylann:i was unable to receive your mention early cus of my latest moniker. My favorite proof of evolution is the coccyx, or the tailbone, which is a relic of the mammalian tail. A tail is useful for mammals that use tails for balance, species-to-species signaling, and support. The tail is missing in apes and humans, however, all human embryos initially have a tail. Normally, they regress into four or five fused vertebrae--the coccyx. This proof of evolution that you sit on every day is an atavism from our lineage of tail-bearing ancestors. And not quite long ago, A team in Russia did selective breeding on foxes by picking only the ones that warmed up to humans. After just 30 years of breeding docile foxes, they became domesticated. Not only that, they are piebald and have droopy ears and erect tails like dogs, which is caused by the same gene. 30 years. Imagine what could happen over several billion! |
AskiaHarem:what is it supposed to mean? |
jaycent:nah, i am just showing her a nice car...lol |
tylann:lol |
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