News Formal

Investment in infrastructure will minimise impact of rate hike on businesses

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 94%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

To minimise the effect of rate hike on companies and business operations, there is need for government to focus more on policies that will unlock infrastructure.

According to experts who spoke in an chat with The Guardian, this would also help to boost existing firms and attract new businesses into the country.

For instance, GDP growth in the manufacturing sector in the first quarter of 2023 was 1.61 per cent , lower than 6.93 per cent achieved in 2022. Also the figure in 2022 was lower than 31.6 per cent in 2021. The rate hike has started already on existing loan facilities. Cost of doing business is just increasing from all angles. I do not know how productive sectors will survive. Close downs and employment loss will happen.”

between supply and demand and attracting more supply means that government must address all impediments to doing business especially infrastructure and that is what will bring down inflation.” In addition, experts had predicted that the re-enforcement of the CBN’s limit on the loans-to deposits macro-prudential ratio for deposit money banks and the hike in CRR to 45.0 per cent from 32.0 per cent will continue to compel commercial banks to generate risky assets over the short to medium term.Before flagging, please keep in mind that Disqus does not moderate communities.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 1. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Angola to open visa, investment centre in Port Harcourt on TuesdayThe Nation Newspaper Angola to open visa, investment centre in Port Harcourt on Tuesday
ソース: TheNationNews - 🏆 6. / 69 続きを読む »

Angola to unveil visa, investment centre in Port HarcourtThe Embassy of Angola in Nigeria is set to inaugurate its visa and investment centre to ease traveling from the country to Nigeria.
ソース: GuardianNigeria - 🏆 1. / 94 続きを読む »

FG lauds Olam Agri strong investment in rice value chain, CSRNigeria's independent online newspaper
ソース: thecableng - 🏆 2. / 80 続きを読む »

Subsea cable cut: NCC calls for joint regional telecom infrastructure protection to attract investmentNigeria's independent online newspaper
ソース: thecableng - 🏆 2. / 80 続きを読む »

Peter Obi advocates agricultural investment in Kebbi StateFormer Labour Party Presidential candidate, Mr Peter Obi, has urged the Kebbi State government and stakeholders to prioritize massive investment in agriculture.
ソース: DailyPostNGR - 🏆 11. / 59 続きを読む »

Uche Nwakwe: Protecting indigenous investment and creating employment opportunitiesIt's crucial to address the assertions made in The PUNCH publication dated 5th of March, 2024 regarding the purported link between sachet alcoholic beverages and mental illness. It is important to critically examine some of the assumptions and biases underlying their arguments.
ソース: DailyPostNGR - 🏆 11. / 59 続きを読む »