It added, “In most economies, the priority remains achieving sustained disinflation while ensuring financial stability. Therefore, central banks should remain focused on restoring price stability and...
Similarly, the International Monetary Fund, IMF, in its Nigeria: 2022 Article IV Consultation, stated: “Directors highlighted the need for bold fiscal reforms to create needed policy...
Chen also noted that the country’s economy was facing elevated exchange rate pressures, adding that the situation was likely to persist with high-interest rates.
The CBN governor claimed that 33 banks were successfully integrated into the eNaira network, with the apex bank minting N500m for the currency’s inauguration.
The current Country Manager of the World Bank, who must have agreed to the disbursement of the loan, might be an excellent economist. But, he is...
‘‘We’ve also heard the discussion that’s going on the debate that’s going on, on whether this is ideal. We try and inform that debate with statistics...
On the implication of the funding squeeze, he said, ‘‘This will not only impact them now but also in the years to come, as by 2040...
Abebe noted further, ‘‘The important factor influencing this negative outcome is the big funding squeeze that countries are facing. External funding market has been sharply curtailed....
These were some of the highlights of its World Economic Outlook, WEO, report titled, “Feeble and Uneven Growth”, released in Washington DC during the on-going Spring...
The IMF forecasts China’s economy to grow 5.2 percent this year, driven by a rebound in private consumption as the country reopens after its pandemic isolation....