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Economic Outlook For 2017. War Between IMF/CBN - Business - Nairaland

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Economic Outlook For 2017. War Between IMF/CBN by dboss444: 11:39am On Dec 19, 2016
If the PRICE of oil continue to go up it means more cash 4 d ng gov this would in turn mk emefiele go back to artificial price of dollars cos we all know that our naira CNT compete with dollar in a free market (we don't produce anything) this would cos war with IMF and america cos it is to their disadv. With more dollars coming in ng govt will want to do more next yr. As an investor what do I think would happen next yr. I think pple investing in ng would benefit most. Exporters also cos govt might implement EEG they HV the dollars. Those hoarders of dollars would loose. Commodities including food stuff might not rise much. Importers would be allowed to import anything cos dollars is available so Nigeria would go back to our old ways.
From the monetary policy side I think CBN gov would want to protect the naira even if the external pressure to continue a free market would be much. he would peg d dollar for price

Economist what are your thoughts on the economic outlook for 2017 and where do you feel investors should invest.

I'm a health student though

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