June 15, 2023/CSL Research The Finance Bill 2023 which was signed into law on 28 May 2023 by former President Muhammadu Buhari imposes an 0.5% levy on goods imported into Nigeria from outside Africa. This is in addition to current custom duties and other approved charges. Beyond the additional import […]

(Credit: James Oatway/IMF Photos) June 14, 2023/IMFBlog By Karmen Naidoo and Nelson Sobrinho Low-income countries face multiple economic challenges—including rapid inflation, food insecurity, costly borrowing, and mounting debt—heightened by shocks from the pandemic and Russia’s war in Ukraine. As a result, the IMF has revised down its growth projections for low-income countries, […]

Photo Credit: Cinoby/iStock by Getty Images June 12, 2023/IMF IMF COUNTRY FOCUS By the Libya team, IMF Middle East and Central Asia Department Libya has been mired in conflict and political uncertainty since the fall of the Ghaddafi regime in 2011. Until recently, the country’s fragmentation hampered policymaking and the […]