14/2/2017/World Bank Fishing less, and better, could generate an additional $83 billion each year for the fisheries sector, creating a much-needed revenue stream in developing countries and improving global food security, according to a new World Bank Group report. The Sunken Billions Revisited, an update on a 2009 study, shows […]
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Nigeria to tap private capital, boost spending on infrastructure
23/2/2017/Reuters Nigeria aims to rise the proportion of government spending devoted to infrastructure to 30 percent from 10 percent and to mobilise private capital for additional funding, Finance Minister Kemi Adeosun said on Thursday. The government has laid out plans to spend a record 7.29 trillion naira in 2017, up […]
Dealing with Sovereign Debt — The IMF Perspective
Culled—iMFdirect By Sean Hagan, Maurice Obstfeld, and Poul M. Thomsen February 23, 2017 Debt is central to the functioning of a modern economy. Firms can use it to finance investments in future productivity. Households can use it to finance lumpy purchases, such as big consumer durables or a home. Sometimes, […]

