Updates

IMF and Japan Amend Agreement to Increase Lending to Low-Income Countries by an Additional SDR 1.8 Billion

10/5/2017/IMF Bank of Japan agrees to provide additional US$2.5 billion to IMF’s Trust benefitting low income member countries, brings total contribution to US$5.2 billion The International Monetary Fund (IMF), as Trustee of the Poverty Reduction and Growth Trust (PRGT), has entered into an amendment of its 2010 note purchase agreement […]

ADEA launches mobile application for capturing teacher, learner attendance

May 10, 2017/AfDB Through its Working Group on Education Management and Policy Support (ADEA-WGEMPS) and in partnership with the Ministry of Education and Training in Swaziland, the Association for the Development of Education in Africa (ADEA) launched the Smart School System (3S), a mobile application for capturing teacher and learner […]

Inflation-Unemployment: The Relationship And Its Implications

Culled—Proshare May 9, 2017/FDC  The Nigerian economy is in turbulent times. A dark cloud hovers with the series of drastic and unwanted changes of the past two years. Spikes in inflation, a dramatic increase in unemployment and a substantive decrease in foreign reserves signify economic turmoil. The most notable indicator […]