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Kapital FM 92.9 The Station that Rocks!
The Nigerian government has been advised by the International Monetary Fund to eliminate what it has described as hidden subsidies on fuel and electricity. In a recent report from the IMF, Nigeria was informed that subsidies are expected to consume three percent of the country's Gross Domestic Product in 2024, a notable increase from the one percent in the previous year. As per the report, the IMF praised the Federal […]
The International Monetary Fund (IMF) has "advised the UK against further tax cuts", as it launched its latest assessment of the world economy. It said preserving public services and investment implied higher spending than was reflected in the government's current plans. The IMF suggested the Treasury's pencilled-in spending cuts from this year were unrealistic. Chancellor Jeremy Hunt said tax cuts could be a big help in boosting growth. Mr Hunt […]
