France cuts growth forecast at emergency summit

first_img Show Comments ▼ France cuts growth forecast at emergency summit Friday 20 August 2010 9:27 am FRANCE has cut its forecast for economic growth next year after an emergency meeting between the president and senior finance ministers.It now thinks the economy will grow by two per cent next year.The previous forecast was 2.5 per cent.This year it will 1.4 per cent, the government said.President Nicolas Sarkozy ordered ministers to interrupt their summer holidays to discuss how France is going to cut its deficit.They met at his official retreat, Fort de Bregancon, amid fears that in the long term the country facedthe possibility of having its AAA credit rating downgraded by ratungs agency Moody’s.The president said that the reduction of the government deficit in 2011 was a priority.Public expenditure would be reduced, the president said. He also repeated his pledge not to increase VAT, income tax or tax on companies.But he also said 10 billion euros of tax breaks would be abolished in the autumn. whatsapp Sharecenter_img whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldUndoTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading BlvdUndo John Dunne Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Tags: NULLlast_img read more

Lafarge Africa PLC (WAPCO.ng) Q32020 Interim Report

first_imgLafarge Africa PLC (WAPCO.ng) listed on the Nigerian Stock Exchange under the Building & Associated sector has released it’s 2020 interim results for the third quarter.For more information about Lafarge Africa PLC (WAPCO.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Lafarge Africa PLC (WAPCO.ng) company page on AfricanFinancials.Document: Lafarge Africa PLC (WAPCO.ng)  2020 interim results for the third quarter.Company ProfileLafarge Africa Plc is a cement manufacturing company in Nigeria offering high quality concrete and aggregates for the home building and construction sectors. The company is one of the oldest cement manufacturing companies in Nigeria and is a member of the LafargeHolcim Group, the largest building and concrete solutions company in the world. It also diversified interests in manufacturing paint, repairing electric motors, transport services and Kraft bag production. Lafarge Africa Plc has plants in Ewekoro and Sagamu in the South West district; Mfamosing in the South-South district; and Ashaka in the North East district of Nigeria. The company has installed cement production capacity of 10.5MTPA and has plans to increase its production capacity. Its product range includes cement, aggregates, ready-mix concrete and pulverized fly ash. Cement solutions are marketed under the brand names Elephant, Ashaka, Supaset, PowerMax and Unicem. The company’s head office is in Lagos, Nigeria. Lafarge Cement WAPCO Nigeria Plc is listed on the Nigerian Stock Exchangelast_img read more