July 2, 2021/OilPrice.com There was some unexpected 11th-hour drama in the OPEC+ meeting, with the members deciding to delay a decision due to disagreements between some nations. Friday, July 2nd, 2021 The OPEC+ meeting resulted in some unexpected 11th-hour drama, delaying a decision that was expected on Thursday. Oil prices […]
OPINION/EDITORIAL
US Economic Recovery
July 2, 2021/IMF Weekend Read In today’s edition we focus on an assessment of the US economy, the need to act for Africa, the outlook on inflation, inclusive innovation, debt relief for Sudan, and much more. On that note, let’s dive right in. US ECONOMIC RECOVERY Unprecedented fiscal and monetary support, combined […]
Nigeria’s Fiscal Position, A Lot Like Deja Vu
July 2, 2021/CSL Research The 2022-2024 Medium Term Expenditure Framework Fiscal Strategy document showed that government revenue from January to May 2021 was N1.8tn, a 33.3% shortfall of the budgeted amount. This indicates that the recent rise in crude oil prices (+46.4% YTD) has not improved the government’s fiscal position. […]
