December 23, 2021/IMF On December 20, 2021 , the IMF’s Executive Board approved 18-month extensions (through end-June 2023) of the temporary increases to the cumulative access limits under its emergency financing instruments, i.e., the Rapid Financing Instrument (RFI) regular window, the Rapid Credit Facility (RCF) Exogenous Shock window, and the RFI’s and […]
Updates
Top 10 Blogs of 2021 Show Breadth of Global Policy Challenges
(PHOTO: CORY HANCOCK/IMF PHOTOS) December 23, 2021/IMFBlog The arc of 2021, from tentative recovery to resurgent uncertainty, may feel like more of a circle for many around the world who are understandably weary of the pandemic and eager for a return to normal. But to monetary and fiscal policymakers—who could […]
House of Reps Pass 2022 Budget
December 22, 2021/CSL Research Recently, the House of Representatives passed the 2022 appropriation bill, raising the total estimates of the Federal Government’s budget from the proposed N16.39trn to over N17trn. The House also increased the oil benchmark to US$62 compared with the US$57 that was proposed by the executive, while […]
