OPINION/EDITORIAL

US$800m Palliative: Enough to Cushion Subsidy Removal Aftermath?

April 11, 2023/CSL Research Based on news reports, the Minister of Finance, Budget, and National Planning Zainab Ahmed disclosed that the government has secured a World Bank facility worth US$800 million as the first tranche of palliatives to be disbursed through cash transfers to about 10 million households, equivalent to […]

A weaker Growth Outlook for the SSA Region

April 11, 2023/FBNQuest We take a look at the World Bank’s April 2023 edition of the Africa Pulse report, which was published last week. The latest report is an update of the October 2022 edition. The Bank sees economic growth for the sub-Saharan Africa (SSA) region slowing down to 3.1% […]

Interest Rates Likely to Return Toward Pre-Pandemic Levels When Inflation is Tamed

(Credit: ultramansk/Adobe Stock) April 10, 2023/IMFBlog By Jean-Marc Natal and Philip Barrett Real interest rates have rapidly increased recently as monetary policy has tightened in response to higher inflation. Whether this uptick is temporary or partly reflects structural factors is an important question for policymakers. Since the mid-1980s, real interest rates at all […]