Middle East & Africa round-up: Ghana finance minister bullish on economy, and more

22 May 15

A round-up of public finance news stories from the Middle East & Africa you might have missed this week.

Minister of Finance and Economic Planning Seth Terkper on Wednesday expressed confidence that the progressive policies and measures adopted by government would lead the economy back to a record growth within the shortest possible time. (Ghana Web)

Israel exported $5.66bn worth of defense goods in 2014, the Defense Ministry announced on Thursday. The figure represents a continuation of a down turn in defense sales, with $6.54bn of exports recorded in 2013. (Jerusalem Post)

The supervisor of government accounts and financial controls, the Comptroller and Auditor-General (CAG), has made a shocking revelation that President Robert Mugabe’s administration cannot account for $3.5bn which was earmarked for civil servants’ salaries. (Times Live)

Tunisian President Beji Caid Essebsi began a two-day official visit to the United States Wednesday, seeking more military aid to counter the jihadist threat and the chaos in neighbouring Libya. (Middle East Online)

ANALYSIS: NGOs say Cape Town'’s 2015/16 budget reveals that proportionally far too little is being spent on infrastructure in informal settlements. The City of Cape Town begs to differ. (AllAfrica.com)

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