1 minute read

IMF forecasts oil price fall by 24percent this year

MTN suspensionexplains of data zone bundle

International Monetary Fund has stated in its April 2023 World Economic Outlook Report. This is from $96.4 in 2022. The Fund also said oil prices will continue to fall in the coming years to $65.4 in 2026.

Advertisement

certain rebound in China’s growth, as well as the energy transition”, it stated.

Crude oil prices retreated by 15.7% between August 2022 and February 2023 as the slowing global economy weakened demand.

amid repeated shutdowns in response to COVID-19 outbreaks and a faltering real estate market. Recession fears due to higher-than-expected in ation and tighter monetary policy in many major economies and banking woes

Scancom PLC (MTN Ghana) has announced a suspension of its MTN Data Zone bundle e ective April 05, 2023. The suspension of the innovative Data Zone bundle is due to a review of the bundle o er in line with the Signi cant Market Power (SMP) directives applied to MTN Ghana in June 2020, not to be the lowest priced on any o er in the industry. The telecommunication giant in a press release said, “We are currently engaging and collaborating with the Regulator, as

4

This article is from: