The shelf life of Nigeria’s recently presented budget plans is likely to be short with elections due in early-2023 and no guarantee about policy continuity. Any new administration will not only have hot button issues like the fuel subsidy scheme to tackle, but also longer-term fiscal challenges including raising woefully low revenues. Elsewhere, better-than-expected industrial production figures out of South Africa will soon be overshadowed by the hit to output from renewed power cuts and strikes.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services