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Major exportable items of the country are food items, cocoa, manufactures, and fish. Its exports partners are US, Germany and Australia.
Important importable items of the country are capital goods and food items. For imports the country depends upon the countries such as US, Japan and Australia.
The following diagram shows the level of exports and imports of the country over various years
The World Bank has undertaken many developmental projects for the country to foster economic development and reducing poverty.
The US Federal Reserve this week has moved one step closer to lifting interest rates by ending its controversial bond-buying program. This begins a long-anticipated process that will take many months to complete: the metamorphosis of a dove into a hawk. This leaves us with the question of a date for an actual rate hike – a moment economists expect surveyed by CNBC expect will be in July 2015, a month later than previously forecast. Read more
Stephen S. Roach,
Jeffrey D. Sachs,
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