Tag: policy
Fiscal policy: meaning, tools, implications, and more
What is fiscal policy? Fiscal policy involves the use of government tools to influence the level of economic activity. It encompasses both discretionary fiscal policy, where deliberate changes in taxation and spending are made in response to economic conditions, as well as automatic stabilizers, which are built-in features of the tax and spending system that …
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AfCFTA: The role of law and policy
In 2012, the African Union Heads of State and Government Summit held in Ethiopia proposed the creation of a framework that allows Free Trade within the continent in a bid to boost Africa’s economy through six broad areas of corporation, which are: trade finance, trade facilitation, trade-related infrastructure, market integration, trade capacity, and trade policy. …
Cashless policy in Nigeria: Meaning, implications, advantages and more
In recent years, the Nigerian government has implemented a cashless policy aimed at reducing the use of cash in everyday commercial transactions and promoting digital payments. This article will examine what the cashless policy means, its implications, advantages, and how individuals and businesses can adjust to the new system. It will also explore the current …
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