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States must pay their bailout funds — CBN


The MPC also voted to retain all rate constraints to rein in inflation. They voted to retain the MPR at 11.5 percent; retain the asymmetric corridor of +100/-700 basis points around the MPR; retain the CRR at 27.5%, and retain the Liquidity Ratio at 30%.
Speaking on the loans, Emefiele said some of the loans were sourced from the commercial banks by the states and the banks wrote to demand repayment.
“They went to deposit money in banks; they asked for a loan, they signed the offer letters with those banks. They signed an agreement (the irrevocable standing order) with the Federal Ministry of Finance (MOF) that on a monthly basis MOF should deduct from their monies and pay the banks for the loans. ....

Uche Uwaleke , Godwin Emefiele , Ministry Of Finance , Central Bank , Monetary Policy Committee Meeting , Policy Committee Meeting , Liquidity Ratio , Federal Ministry , Federal Government , Imo State , அமைச்சகம் ஆஃப் நிதி , மைய வங்கி , பண பாலிஸீ குழு சந்தித்தல் , பாலிஸீ குழு சந்தித்தல் , நீர்மை நிறை ரேஶியோ , கூட்டாட்சியின் அமைச்சகம் , கூட்டாட்சியின் அரசு , ஐமொ நிலை ,

CBN Calls for Greater Policy Coordination to Support Economic Recovery


Obinna Chima
The Central Bank of Nigeria (CBN) has called for greater policy coordination and synchronisation of efforts to enhance economic growth in the country.
The Deputy Governor, Operations Directorate, CBN, Mr. Edward Adamu, made this call in his personal statement at the January 2020 Monetary Policy Committee Meeting, a copy of which was obtained at the weekend.
“To be clear, I view policy coordination across economic management institutions at the federal level as essential as response coordination across the tiers of government,” he said.
In his contribution, Adamu, stated that data presented highlighted some important downside risks, which included insecurity and rising inflation, especially food. Among other consequences, he pointed out that inflation beyond a certain threshold could undermine the output recovery gains. ....

Edward Adamu , Kingsley Obiora , Aishah Ahmad , Obinna Chima , Central Bank , Monetary Policy Committee Meeting , Deputy Governor , Operations Directorate , Policy Committee Meeting , Financial System Stability , Economic Policy Directorate , Global Standing Instruction , Premium Motor Spirit , எட்வர்ட் அதாமு , ஓபின்ன சிமா , மைய வங்கி , பண பாலிஸீ குழு சந்தித்தல் , துணை கவர்னர் , செயல்பாடுகள் இயக்குநரகம் , பாலிஸீ குழு சந்தித்தல் , நிதி அமைப்பு ஸ்திரத்தன்மை , பொருளாதார பாலிஸீ இயக்குநரகம் , உலகளாவிய நின்று அறிவுறுத்தல் , ப்ரீமியம் மோட்டார் ஆவி ,

Livetweet: MN House Health Finance and Policy Committee Meeting (Feb. 10)


By: McKenzie Kemper, Freelance Journalist-in-Training
The MN House Health Finance and Policy Committee Meeting met today, Feb. 10, to discuss Black maternal health and recommendations from the House Select Committee on Racial Justice. Also discussed was HF660, “Establishing Dignity in Pregnancy and Childbirth Act,” introduced by Rep. Ruth Richardson (DFL, 52B).
Follow the linked tweets below to read about the committee’s discussion.
Meeting called to order and a quorum is present to discuss aforementioned Agenda topics. Motion moved for approval of the minutes and the aye s have it. Minutes from 2/9 have been approved. UpTake MN Coverage (@uptakemn) February 10, 2021
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Mckenzie Kemper , Committee Meeting , House Select Committee On Racial Justice , Mn House Health , Freelance Journalist In Training , Health Finance , Policy Committee Meeting , House Select Committee , Childbirth Act , Ruth Richardson , மகெந்ஸீ கெஂபர் , குழு சந்தித்தல் , வீடு தேர்ந்தெடுக்கவும் குழு ஆன் இன நீதி , ம்ந் வீடு ஆரோக்கியம் , ஃப்ரீலான்ஸ் பத்திரிகையாளர் இல் பயிற்சி , ஆரோக்கியம் நிதி , பாலிஸீ குழு சந்தித்தல் , வீடு தேர்ந்தெடுக்கவும் குழு , பிரசவம் நாடகம் , ரூத் ரிச்சர்ட்சன் ,