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Issues On Macro-Economic Management In Nigeria., Gianni Zanini
Issues On Macro-Economic Management In Nigeria., Gianni Zanini
Bullion
This paper examines the main source of inflationary pressures, and established the source of destabilization of the exchange and interest rates as the Budget deficit which has been increasing at an unsustainable pace since 1990. It also ascertain that stabilizing the economy will require a significant and sustained budget surplus with no additional domestic bank borrowing. It states that economy stabilization will also require a liberalization of foreign exchange and credit markets.
Central Bank Of Nigeria Monetary, Credit, Foreign Trade And Exchange Policy Guidelines For 1994 Fiscal Year: Monetary Policy Circular No. 28., Central Bank Of Nigeria Central Bank Of Nigeria
Central Bank Of Nigeria Monetary, Credit, Foreign Trade And Exchange Policy Guidelines For 1994 Fiscal Year: Monetary Policy Circular No. 28., Central Bank Of Nigeria Central Bank Of Nigeria
Bullion
This paper contains the outlines of the monetary, credit, foreign trade and exchange policy guidelines for banks and other financial institutions in Nigeria during fiscal 1994. The circular is structured into three sections and Appendix. Section one reviews developments in the economy and the policy environment in 1993 and thus provides the background to the policy measures for 1994. Section two details the monetary and credit policy measures and guidelines for banks and other financial institutions. The foreign trade and exchange policy measures for 1994 are highlighted in section three and list of prohibited import and export items is provided …