Godwin Emefiele, Governor of the CBN. … Ready to face stagflation By Emeka Anaeto, Business Writer The Central Bank of Nigeria, CBN, is expected to support positive developments in Nigerian economic growth amid threats of stagflation. CBN Governor Godwin Emefiele, who gave the hint at the last meeting of the umbrella bank’s Monetary Policy...
Read MoreThe broad-based US dollar will end on a bullish trajectory this week as US President Joe Biden on Friday proposes a $ 6 trillion budget for 2022 as the United States continues its economic recovery from COVID-19. This was seen after the release of positive employment data on Thursday. The number of initial jobless...
Read MoreExpansionary Fiscal Policy Needs Hours, Economists Say Posted on: Saturday May 29, 2021 By: Bernama Text size: Kuala Lumpur: The government can increase its debt level to improve the well-being of the population and ensure that the country’s economic stimulus package is on track, but spending must be careful. the deficit target was not...
Read MoreISLAMABAD: Pakistan’s gross national product (GNP) rose to 49.4 trillion rupees, registering an increase of 6.5% in the outgoing fiscal year 2020-21, which is the second fastest growing since 2004 -5. The country’s GNP had recorded the highest growth of 7.1 percent in fiscal year 2004-5 under the Musharraf-Aziz regime. However, it is concerning...
Read MoreMetro Manila (CNN Philippines, May 27) – S&P Global Ratings has maintained its credit rating for the Philippines despite the massive COVID-19 health crisis, noting that the national economy is “starting to recover.” The Global Debt Monitor said he had confirmed his “BBB +” credit rating for the country. A notch closer to the...
Read MoreSatya mohanty Former Secretary of the Indian Authorities It took a while for the world to understand that progress in gross nationwide product (GNP) just isn’t growth. At finest, GNP per capita as a measure of the nation’s manufacturing and well-being is progress in an especially slim sense. If the GNP per capita will...
Read MoreBecause the Reserve Financial institution of India (RBI) and its Financial Coverage Committee (MPC) put together for the April coverage overview, there’s palpable stress within the air. The macroeconomic surroundings has continued to enhance and the financial restoration is taking maintain. All however a couple of sectors exceeded their pre-covid exercise ranges. Development in...
Read MoreEach two weeks through the pandemic, a special good friend requested me the identical query: When are we going to expire of latest TV exhibits? Not but, I might inform them. Manufacturing had stopped or slowed down just about in all places, so it made sense for us to see the influence on display...
Read MoreThe Covid-19 pandemic has triggered critical social and financial injury, delaying growth positive factors by a number of years. He additionally revealed the shortage of preparedness of many international locations to face such a shock. Job losses, a marked reversal of progress in poverty discount, college closures and elevated inequalities will depart long-term scars...
Read MoreThe flash studying of the IHS Markit Composite Buying Managers Index (PMI), seen as an indicator of financial well being, rebounded above the 50 mark separating progress from contraction, to 52.5 in March, up from 48.8 in February, its highest stage since late 2018 An increase above 50.0 signifies the primary enhance in enterprise...
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