(Image: IMF) By Jorge Alvarez and Philip Barrett April 27. 2022/IMFBlog CHART OF THE WEEK The war in Ukraine will quicken inflation, which we now expect to remain elevated for longer than previously forecast on higher commodity costs and broader price pressures. As the Chart of the Week shows, our […]
OPINION/EDITORIAL
Subsidy Payments: A Major Pressure Point in Government Finances
April 27, 2022/CSL Research A ThisDay news report revealed that the Federal government had spent a whooping sum of N430.17bn in subsidizing petrol consumption for the first two months of the year. With the projection to spend N328bn in March 2022, subsidy payments will reach N758.1bn in the first quarter […]
Asia Growth Slows on Commodities, Covid and Rising Interest Rates
(Photo: SeanPavonePhoto/iStock by Getty Images) April 26, 2022/IMFBlog By Anne-Marie Gulde-Wolf, Sanjaya Panth, and Shanaka J. Peiris Region’s policymakers face difficult policy trade-offs and should protect the most vulnerable from rising fuel and food costs while enacting economic reforms to boost long-term growth. Economic growth in Asia and the Pacific […]
