Why Nigeria’s 13 Years of Deficit Financing Hasn’t Had a Constructive Impression on the Economic system But

[ad_1] Nigeria is presently operating down a fiscal imbalance for the thirteenth yr in a row, with annual expenditures exceeding complete revenues. Whereas fiscal imbalances or debt financing isn’t essentially a trigger for concern, the widening of this deficit over the previous 13 years and with nearly no positives on the financial system, is worrying. … Read more

India’s August imports soar 37%, exports flat; commerce deficit widens

[ad_1] Picture: iStock India’s items imports of $61.68 billion in August 2022 noticed a progress of 36.78% from $45.09 billion in August final 12 months. Exports through the month stood at $33.0 billion, which was flat as in comparison with $33.38 billion in the identical month final 12 months. The commerce deficit widened to $11.71 … Read more