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December 2023Event

World Bank says reforms must move from pain to results

The World Bank noted record-high inflation partly driven by subsidy removal and emphasized the need to control inflation, stabilize FX, and protect people.

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December 2023

World Bank says reforms must move from pain to results

The World Bank noted record-high inflation partly driven by subsidy removal and emphasized the need to control inflation, stabilize FX, and protect people.

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What happened

The World Bank noted record-high inflation partly driven by subsidy removal and emphasized the need to control inflation, stabilize FX, and protect people. This matters because it frames the Tinubu reform era as a race between macroeconomic correction and household suffering.

Sources

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