OPINION/EDITORIAL

Nigeria’s Public Debt Rises to N134.30Tn in Q2 2024

November 12, 2024/CSL Research According to recent data from Nigeria’s Debt Management Office (DMO), the country’s total public debt in Naira terms reached N134.30 trillion (US$91.35 billion) at the end of Q2 2024. This reflects a 10.35% increase from N121.67 trillion (US$91.46 billion) in Q1 2024 and a significant 53.69% […]

How Property Taxes Can Help Low-Income Countries to Develop

(Credit: vuk8691/iStock by Getty Images) November 11, 2024/IMFBlog By Martin Grote, Mario Mansour, and Jean-François Wen The world’s governments must raise an additional $3 trillion to achieve sustainable and inclusive economic growth goals this decade. The cost in emerging markets equals 4 percent of gross domestic product—and 16 percent for low-income countries. How […]

IMF Growth Projection for Sub-Saharan Africa

November 11, 2024/CSL Research The International Monetary Fund (IMF), in its latest Regional Economic Outlook report, projects that Sub-Saharan Africa (SSA) will maintain a 3.6% growth rate in 2024, consistent with 2023 levels, with a modest increase to 4.2% expected in 2025. This forecast reflects SSA’s navigation through a complex […]