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economic woes

Hong Kong pledges handouts to residents to counter economic woes

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The Hong Kong government on Wednesday announced 10,000-Hong Kong-dollar (1,280-US-dollar) handouts to adult permanent residents in a bid to tackle the city’s economic downturn. Financial Secretary Paul Chan said in his speech announcing his 120-billion-Hong Kong-dollar-budget (23.4 billion US dollars) for 2020-2021 that “decisive measures” must be implemented to tackle the city’s economic woes. Read also: […]

Exchange rate control is not solution to Nigeria’s economic woes- Expert

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In a bid to salvage the plunging position of the Nigerian economy across the globe many experts have proffered several policies one of which is the floating of the naira to strengthen foreign investor confidence which was projected to boost the performance of indigenous firms and in turn the value of the most populous African […]