OPINION/EDITORIAL

Nigeria’s Public Debt Stock Worsens

October 5, 2022/United Capital Research According to the Debt Management Office (DMO), Nigeria’s total public debt stock stood at N42.8tn in H1-2022. This represents a 20.8% y/y increase from N35.5tn recorded in H1-2021. On a q/q basis, total public debt stock climbed by 3.0% compared to N41.6tn in Q1-2022. A […]

Wage-Price Spiral Risks Appear Contained Despite High Inflation

Credit: Drazen_/iStock by Getty Images October 5, 2022/IMFBlog Analysis suggests a sustained acceleration of wages and prices is unlikely John Bluedorn October 5, 2022 Inflation in some economies is rising at the fastest pace in four decades, while tight labor markets have boosted pay gains. That has raised concerns that […]

Further Delaying Climate Policies Will Hurt Economic Growth

(Photo: Lwalz/Unsplash) October 5, 2022/IMFBlog By Benjamin Carton and Jean-Marc Natal The world must cut greenhouse gas emissions by at least a quarter before the end of this decade to achieve carbon neutrality by 2050. Progress needed toward such a major shift will inevitably impose short-term economic costs, though these are […]