Hott emphasized that innovative financial instruments and regulatory reforms are crucial to facilitate this mobilization of domestic resources April 23, 2025 By Amadou Hott As part of his campaign for the presidency of the African Development Bank, Amadou Hott, the former Senegalese Minister of Economy, Planning, and Cooperation, has revealed […]
OPINION/EDITORIAL
Rising Global Debt Requires Countries to Put their Fiscal House in Order
(Credit: IMF Photo/Tuane Fernandes) April 23, 2025/IMFBlog By Era Dabla-Norris, Vitor Gaspar, Marcos Poplawski-Ribeiro Major policy shifts underway have heightened global uncertainty. The series of recent tariff announcements by the United States, and countermeasures by other countries have increased financial market volatility, weakened growth prospects, and increased risks. They come in the […]
Nigeria’s E-payment Transactions Surge to Historic N1.07 Quadrillion in 2024
April 22, 2025/CSL Research According to data from the Nigeria Inter-Bank Settlement System (NIBSS), electronic payment transactions in Nigeria reached a historic high of N1.07 quadrillion in 2024 — the first time the country has hit the quadrillion mark. In dollar terms, this amounts to approximately US$702.6 billion, based on […]
