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Public debt soared to a record during the pandemic, topping global gross domestic product. Now, with government debt still elevated, the rise in interest rates and the strong US dollar are adding to interest costs, in turn weighing on growth and fueling financial stability risks. With several economies already in debt distress, we explore in […]
Financial conditions have tightened as central banks continue to hike interest rates. Amid the highly uncertain global environment risks to financial stability have increased substantially.
The International Monetary Fund (IMF) has admonished Nigeria and other countries to make clear policy decisions for price stability amid rising inflationary pressures.
GLOBAL financial conditions have tightened as central banks accelerate monetary policy normalisation to keep rapid inflation from becoming entrenched.