cbn statement, 2010-01-05
The Committee took cognizance of the expansionary nature of the 2010 Federal budget, the continued implementation of the 2009 Budget up to Q1 2010, expected liquidity injection/inflow during the recapitalization of the troubled banks and resolution of toxic asset problems, and the eventual deregulation of the downstream petroleum sector and their possible inflationary impact.
Sentiment: neutral
Topic: fiscal_policy