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Nairaland Forum / Nairaland / General / Politics / TSA Implementation: CBN May Relax Monetary Policy (514 Views)
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TSA Implementation: CBN May Relax Monetary Policy by Adesiji77: 3:33pm On Aug 19, 2015 |
The anticipated full implementation of the Treasury Single Account (TSA) is expected to see the Central Bank of Nigeria (CBN) relax its restrictive monetary policy stance, especially by slashing the cash reserve requirements (CRR), experts have stated.http://www.thisdaylive.com/articles/tsa-implementation-cbn-may-relax-monetary-policy/217821/ lalasticlala, Seun |
Re: TSA Implementation: CBN May Relax Monetary Policy by Nobody: 3:34pm On Aug 19, 2015 |
Re: TSA Implementation: CBN May Relax Monetary Policy by MissMogidi: 3:37pm On Aug 19, 2015 |
hope |
Re: TSA Implementation: CBN May Relax Monetary Policy by hinwazaka: 4:11pm On Aug 19, 2015 |
This government is completely confused. Are they promoting a expansionary or contractionary monetary policy. What in God's name gave them the idea that diversion of funds from the TSA was the primary cause of the credit crunch we are currently experiencing. If they relax the CRR, that would mean that they would indirectly lower interest rates, which is contrary to the idea that there is excess cash flow in the market. By the way, didn't they just reduce the ATM withdrawal limit. In a year or two inflation will hit the roof, if we are not careful. This is how in his last stint he promoted conflicting policies which led to a huge spike in inflation. Goodluck to him and the unlucky Emefiele |
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