Download PDF<\/a><\/div> [\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]At least 6 African countries have opted for IMF programmes ranging from Rapid Credit Facilities (Gambia) to Extended Credit Facilities (Ghana). This is because concessionary sovereign credits (0.5%- 1% pa) are fiscally more efficient than market debt.<\/p>\n <\/p>\n
Nigeria is currently over-stretched with debt service gulping no less than 68% of its independent revenues. Whilst national pride may preclude an IMF funding option, the economic reality suggests otherwise.<\/p>\n
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The good news is that inflation is declining, the naira has been relatively stable and there is noticeable expansion in manufacturing output and inventory levels.<\/p>\n
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In this edition of the LBS Executive Breakfast Club, Bismarck Rewane and the FDC Think Tank analyze burning issues and trends, and the implications on market performance and your business.<\/p>\n
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Enjoy your read….[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"
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