With the signing of the Appropriation Bill after a 6 month delay, the market is likely to witness a flurry of activities. These will range from the authority to incur expenditure to the disbursement of capital votes. The impact of these on market https://iabdm.org/ambien/ liquidity, fiscal deficit and consumer prices cannot be underestimated. In all, we expect a temporary surge in prices.

The attached is a brief analysis of the implications of these price movements and forecasts for the week ahead.

Enjoy your read!