Culled—Proshare May 1, 2020 by CardinalStone Research A shocking start to the year According to the International Monetary Fund (IMF), Sub-Saharan Africa (SSA) is likely to face a GDP contraction of 1.6% YoY in 2020-the region’s worst reading on record-as a result of the current health and economic crisis. Less […]
OPINION/EDITORIAL
2019 Open Budget Survey Report – Nigeria still far behind
May 1, 2020/BudgIT BudgIT expresses concerns over Nigeria’s unsatisfactory overall score in the 2019 Open Budget Survey (OBS) report, which was launched on the 30th of April, 2020, and urges the Federal Government to take urgent steps to improve its budget process to global acceptable standards. The Open Budget Survey is […]
IMF Loan to Support Dollar Liquidity in the Short Term
Culled—Proshare April 30, 3030 by CSL Research Earlier this week, the International Monetary Fund approved Nigeria’s request for US$3.4 bn (N1.22trn) in emergency financial assistance under the Rapid Financing Instrument (RFI) to support the authorities’ efforts in addressing the severe economic impact of the COVID-19 shock and the unprecedented […]
