Updates

Asia shares dragged lower by Japan, dollar still groggy

Fri Apr 1, 2016/Reuters By Wayne Cole A rout in Japanese shares led Asian markets lower on Friday as a gloomy suite of surveys on Japanese manufacturing sparked heavy fund selling and overshadowed upbeat news from China’s vast factory sector. A renewed slip in oil prices added to the cautious […]

IMF Says Nigeria’s Growth in 2016 Expected to Decline Further to 2.3%

March 31, 2016/IMF On March, 30, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation [1] with Nigeria.   The Nigerian economy is facing substantial challenges. While the non-oil sector accounts for 90 percent of GDP, the oil sector plays a central role in the […]

Fiscal Monitor: Acting Now, Acting Together-IMF

March 31, 2016/IMF Against a backdrop of mediocre medium-term growth prospects, identifying policies that could lift productivity growth by promoting innovation is critical. Fiscal policy can play an important role in stimulating innovation through its effects on research and development (R&D), entrepreneurship, and technology transfer. New analysis in this chapter […]