As a result, a “vicious circle” of rising nominal interest rates, rising inflation, economic stagnation and increasing debt would arise.

Source: https://mg.co.za/the-green-guardian/2023-10-23-reserve-bank-head-says-climate-change-will-raise-fiscal-risk/

“Labour may see a focus on fiscal discipline as politically imperative in opposition, but to make any progress on reversing our economic stagnation, it will need to take a longer-term view of how spending can contribute to fair growth.”

Source: https://www.newsandstar.co.uk/news/national/23893307.next-government-will-raise-tax-burden-just-stand-still-says-think-tank/?ref=rss

Olajide said that they should pray for guidance, wisdom and divine direction for Tinubu from God to govern the country in tackling economic stagnation and insecurity bedevilling the country.

Source: https://newsdiaryonline.com/sallah-pray-for-tinubu-the-president-elect-to-succeed-lawmaker-tasks-muslims/