21.12.2011 - IMF prescribes ways for hedging against external risks to Nigeria
Visionary management of the nation’s natural resources, along with pragmatic sectoral regulation and focus on preserving financial stability and improving access to credit, can insulate Nigeria from global risks, says the Intertnational Monetary Fund (IMF). Christine Lagarde, managing director of the IMF listed three aspects of the agenda which she considers critical, as including the establishment of the Sovereign Wealth Fund, (SWF), prudent management of natural resource revenues, diversification of the economy, enactment of policies that promote macroeconomic stability and regulatory practices that preserve financial stability...............................................Full Article: Source
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