World News

Nigeria’s Inflation eases to 8.2% in August 2013

ALL ITEMS INDEX In August, the Consumer Price Index (CPI) which measures inflation rose by 8.2 per cent year-on-year, 0.5 percentage points lower from the 8.7 percent recorded July. Rates continue to hold steady in the single digit range since the beginning of the year. In August, the rate of […]

Payment System in Nigeria: The Changing Landscape and Vision 2020

Background to the Conference Held 16-17th September 2013 in Abuja Nigeria For too long, governments and businesses in Nigeria relied on cash to pay employees, make or receive payments, and fulfil other financial obligations.  As a result, the economy was slowed by the negative side effects of needing cash on […]

Harnessing Natural Resource Wealth for Inclusive Growth and Economic Development

Keynote Speech by Anoop Singh, Director of the Asia and Pacific Department, International Monetary Fund Dili, September 18, 2013 As prepared for delivery It is my honor and pleasure to welcome Prime Minister Gusmao, distinguished ministers, governors, ambassadors, heads of delegations, and our colleagues from civil society and the private […]