DOWNLOAD PDF<\/a><\/div> [\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Dear Subscriber,<\/p>\nOne of the key considerations for the MPC maintaining status quo after 22 months, is the fear of the disruptive effects of an expansionary budget at a time of likely simmering inflationary pressures.<\/p>\n
The 2018 budget, which has been unusually delayed for 7 months, has become a subject of acrimony between the executive and legislative arms of government. The negative impact of the increased spending of 6% to N9.1trn has been grossly exaggerated. The total expenditure of N9.1trn is only 7.36% of GDP and is unlikely to be as devastating as being bandied.<\/p>\n
Notwithstanding these issues, the fact that oil is now trading above $78pb, a 3 and a half -year high is comforting to markets and policy makers. The naira is expected to stabilize after initial fears and jitters that saw it slide to N366\/$.<\/p>\n
In this edition of the FDC monthly publication, the FDC Think-Tank analyzes these issues and their implications on businesses and investments.<\/p>\n
Enjoy your read….[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"
[vc_row][vc_column][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Dear Subscriber, One of the key considerations for the MPC maintaining status quo after 22 months, is the fear of…<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,21],"tags":[],"_links":{"self":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/26634"}],"collection":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/comments?post=26634"}],"version-history":[{"count":1,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/26634\/revisions"}],"predecessor-version":[{"id":26635,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/26634\/revisions\/26635"}],"wp:attachment":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/media?parent=26634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/categories?post=26634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/tags?post=26634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}