Tag "Exchange reserves"
Middle East/North Africa
Natural resources and energy
Oil price drop reveals Iraq’s structural problems
“Iraq’s state finances are increasingly vulnerable to a drop in oil prices and the government could have difficulty financing this year’s budget plan.” – IMF Mission Chief for Iraq, 27
Economics
Sub-Saharan Africa
Hard policy choices ahead for the Central Bank of Nigeria
With a sliding currency, the Central Bank of Nigeria is faced with a difficult policy choice. Its efforts to stabilise the naira and tame inflationary pressures are likely to be