Tag: IMF

IMF also advises the incoming government of President-elect Tinubu to drastically reduce dependence on debt to fund expenditure.

Naira extended losses on the spot market to trade at N465.13 per $1 on Wednesday amidst rising debt profile.

The IMF urged the Nigerian authorities to remove fuel subsidies by mid-2023, and to increase well-targeted social spending.

Ghana is battling its worst economic crisis in a generation, amid a currency crisis that has worsened the nation’s fiscal ...

President Nana Akufo-Addo of Ghana. Picture credit: REUTERS/Denis Balibouse. When did the honeymoon end and how did Akufo-Addo lose his ...

The question on right-thinking people’s minds is "what were they thinking?" How can these young Tories get such a golden ...

Peter Obi, Tinubu and Atiku Although most commentators imagine we would end up across the table from the IMF agreeing ...

Naira fell to N715 against the dollar at the black market on Friday, leaving the gap with the official market ...

The IMF says it is a reflection of the low revenue of the country, adding that it needs to mobilise ...

The IMF projected the country’s economy to grow by 3.1 per cent by 2023 from the 2.7 per cent it ...

The IMF announced on Monday that its new allocation of SDRs was equivalent to $650 billion, of which Africa has ...

''In general, the global outlook remains clouded by 'extremely high' uncertainty, with economic activity still tied closely to the pandemic, ...

The government said devaluation would trigger inflation.

Gloomy, though, 2020 was, the problem is that 2021 is unlikely to be much different, aside from a mild recovery.

The group forecasts growth for 2021 at 5.5 per cent as against 5.2 per cent.

The organisation said it had already finished collecting its data but the projection will depend largely on how the protest ...

Debt-saddled Lebanon has around 40 banks serving a population of around 6 million.

As Champion, Mr Buhari would coordinate the COVID-19 response and eradication process in the region.

As part of the pandemic response, the World Bank Group and the IMF suggested further financing from official and private ...

Mr Ghebreyesu said debt relief is essential for developing countries, to enable them to take care of their people and ...

The IMF official said the growth of the economy would be influenced by "oil prices and market prospects".

The IMF wants the CBN to revisit its directive to banks on lending.

The trade deficit widened to $54.9 billion from the revised $54 billion in July.

Kristalina Georgieva is the second woman to become the Managing Director of the IMF.

The new IMF chief set her priorities.