• Wednesday, October 23, 2024
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BusinessDay

IMF’s Great Tightening: What’s Next for Nigeria’s Economic Future?

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The International Monetary Fund (IMF) recently highlighted the critical challenges faced by global economies, underscored by the ongoing "Great Tightening" – a period characterized by rising interest rates and tighter monetary policies to combat inflation. This shift has profound implications for emerging markets like Nigeria, where economic vulnerabilities are exacerbated by high debt levels, inflationary pressures, and supply-side disruptions. The Global Inflationary Landscape: Unraveling the causes Global inflation ha