Posted on April 10, 2016 by iMFdirect By Jose Viñals, Simon Gray, and Kelly Eckhold We support the introduction of negative policy rates by some central banks given the significant risks we see to the outlook for growth and inflation. Such bold policy action is unprecedented, and its effects over time will […]
World News
IMF Says Nigeria’s Unemployment Rate High at 9.9%
April 8, 2016/IMF Nigeria: 2016 Article IV Consultation Summary The Nigerian economy is facing substantial challenges. Low oil prices, a lengthy period of policy uncertainty, and ongoing security concerns, have produced: a widening fiscal gap with salary arrears at state and local governments; a weaker external current account and the […]
The IMF Agrees Diplomatically to Disagree on Nigeria’s Exchange Rate Policy
Aprl 8, 2016/FBNQuest Research Culled—–Proshare The IMF’s executive board has concluded the Article IV consultations for 2016 with the FGN, and released the customary press release to announce as such. The board’s discussions are generally based on a staff report, which is published once the member government gives its go-ahead […]
