Dr Taiwo Oyedele, Chairman, Presidential Committee on Fiscal Policy and Tax Reforms, has said that in 2025, there will be reforms on budget processing, medium-term expenditure framework, and fiscal ...
Last April 6, the economy of Nigeria almost doubled in size overnight, leapfrogging South Africa to become the biggest on the continent. That was because the most populous nation in Africa had just ...
Nigeria’s recent rebasing exercise has revealed that the economy is more than 30% bigger than previously estimated putting GDP at N372.8trn naira ($243bn) in 2024 – significantly higher than the IMF’s ...
Pakistan on Thursday approved to add Rs3.1 trillion value to the country’s economy through an increase in the coverage of economic activities and a changed methodology that expanded the size of the ...
The Uganda Bureau of Statistics (Ubos) and the Ministry of Finance are yet again rebasing the size of the country’s economy or Gross Domestic Product (GDP). This to particularly encapsulate capital ...
In the last few months, there have been talks about rebasing the two important economic indicators, the Gross Domestic Product (GDP) and the Consumer Price Index (CPI). While the GDP calculates the ...
The United Nations has developed the System of National Accounts (SNA/1993) for standardizing the national income accounting across the globe. The National Income Accounts (NIA) are comprehensive, ...
The Ghana Statistical Service will soon announce outcomes of its economy rebasing exercise using 2013 as base year. Rebasing can be described as a statistical exercise undertaken to reflect the ...
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