October 25, 2022/FBNQuest We see from the Budget implementation report for Q2 ’22, that total revenue available to fund the FGN’s budget in H1 ’22 amounted to NGN2.4trn. In comparison to the budgeted sum for the half year, the amount represents a shortfall of NGN1.7trn, or an implied revenue performance […]
OPINION/EDITORIAL
Budget Performance – Debt Service to Revenue Ratio Drops to 83.24% as at August
October 25, 2022/CSL Research Based on the review of the 2022 budget as contained in the recently updated 2023 Federal Government of Nigeria (FGN) Budget proposal, the Federal Government’s Debt Service to Revenue Ratio dropped to 83.24% in August 2022 from 118.90% in April 2022. The report noted that the […]
Europe Must Address a Toxic Mix of High Inflation and Flagging Growth
(Photo: IMF Photos) October 24, 2022/IMFBlog Alfred Kammer Authorities must tighten macroeconomic policies to bring down inflation, while helping vulnerable households and viable firms cope with the energy crisis As Russia’s war in Ukraine takes a rising toll on Europe’s economies, growth is flagging across the continent, while inflation shows […]
