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From the economy to monetary policy: Key takeaways from Nigeria’s 2020 budget

By CNBC
12 Oct 2019   |   4:13 pm   |  
During Buhari’s budget presentation, the Nigerian President said the 2020 budget is designed to drive fiscal consolidation to strengthen the economy. Meanwhile, the International Monetary Fund (IMF) says Nigeria's elevated fiscal deficits rely on central bank financing which complicates monetary policy. To breakdown Nigeria's spending plan, Sam Chidoka, Managing Director and CEO of Kairos Capital joins CNBC Africa.


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