World News

Measure to Measure: The Effect of Fiscal Policy on Growth and Stability

April 14, 2015/IMF Blog By Vitor Gaspar Does fiscal policy respond systematically to economic activity? Can fiscal policy promote macroeconomic stability? Does greater stability support stronger growth? The answer is yes on all counts. This finding, while seemingly obvious, is now backed by numbers to match each question. The April […]

Four Forces Facing the Global Economy

April 14, 2015/iMFdirect By Olivier Blanchard  In our April 2015 World Economic Outlook, we forecast global growth to be roughly the same this year than last year, 3.5% versus 3.4%.   This global number reflects an increase in growth in advanced economies, 2.4% versus 1.8%, offset by a decrease in growth […]

Buhari: Experts differ on power sector privatisation review

Power sector stakeholders have expressed divergent views about how the incoming administration of Maj.-Gen. Muhammadu Buhari (retd) should handle the industry, especially the privatisation of key power assets. While some are calling for a review of the privatisation of the power sector, others see it as unnecessary and uncalled for. […]