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 […]

(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 […]

October 24, 2022/Fitch Ratings The Federal Reserve continues to act aggressively on interest rates, pushing the US dollar to historically high levels against several Fitch20 currencies. Given that other central banks are also tightening in response to rising inflation, government bond yields are rising to levels not seen in years, […]