April 10, 2017/IMF Click here for Free Full text The role of trade in the global economy is at a critical juncture. Increased trade integration helped to drive economic growth in advanced and developing economies in the latter part of the 20th century. Since the early 2000’s, however, a slowdown […]
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ITFC supports textile, garment industry through its first African-Asian Cotton B2B meeting in Bangladesh
April 10, 2017/International Islamic Trade Finance Corporation In its continuous efforts to promote and foster intra-trade development, the International Islamic Trade Financing Corporation (ITFC) (www.ITFC-IDB.org), member of the Islamic Development Bank (IDB) Group, organized its first African-Asian Cotton B2B Meeting event as part of its Cotton Development and Partnership Program. […]
FGN deficit 50% higher in 2016; Widened from N1.50trn to N2.35trn
Culled—Proshare April 10, 2017/FBNQuest Research The FGN deficit widened from N1.50trn to N2.35trn (US$930m) in 2016, and so was comfortably within the 3% of GDP threshold set in the Fiscal Responsibility Act of 2007. Retained revenue was 10.1% lower than the previous year at N2.97trn, and total spending 10.7% higher […]
