December 13, 2023/IMF The Executive Boards of the International Monetary Fund (IMF) and the World Bank’s International Development Association (IDA) have approved[1] the Heavily Indebted Poor Countries (HIPC) Initiative Completion Point for Somalia, which provides total debt service savings for the country of US$4.5 billion.[2] Following HIPC Completion Point, Somalia’s […]

December 13, 2023/US Federal Reserve The attached tables and charts released on Wednesday summarize the economic projections made by Federal Open Market Committee participants in conjunction with the December 12-13 meeting. Projections (PDF) | Accessible Materials

December 11, 2023/BudgIT BudgIT, a leading civic-tech organization promoting transparency, accountability, and effective service delivery in Nigeria, has raised concerns over the proposed 2024 Appropriation Bill presented to the National Assembly by President Bola Ahmed Tinubu. Recall that in August 2023, we itemized ten plagues that the Tinubu administration should […]