From Businessdayonline.com: Barely one week after the Federal Government hinted of establishing a sovereign wealth fund (SWF) to replace the excess crude account (ECA), the International Monetary Fund (IMF) has advised on the need for a clear cut policy on the use of the excess fund coming from the sale of crude oil in the international market.
According to the IMF, a clear cut policy on the excess crude account will assist Nigeria to “really pursue more countercyclical policies.”........................................Full Article: Source
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