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Ghana’s fiscal deficit is projected to narrow from 11.4% of GDP in 2020 to 9.4% in 2021. The Central Bank of Democratic Republic of Congo has raised the main interest rate to 18.5% from 7.5%. Zimbabwe’s inflation was 837.53% year-on-year in July compared to 737.26% the previous month. Tunisia’s tourism-dependent economy shrank 21.6% in the second quarter of 2020 due to the coronavirus crisis.
By African Markets DailyGhana’s fiscal deficit is projected to narrow from 11.4% of GDP in 2020 to 9.4% in 2021. The Central Bank of Democratic Republic of Congo has raised the main interest rate to 18.5% from 7.5%. Zimbabwe’s inflation was 837.53% year-on-year in July compared to 737.26% the previous month. Tunisia’s tourism-dependent economy shrank 21.6% in the second quarter of 2020 due to the coronavirus crisis.