Okonjo-Iweala urges developed economies to support African countries with IMF’s SDR allocations
The IMF announced on Monday that its new allocation of SDRs was equivalent to $650 billion, of which Africa has ...
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The IMF announced on Monday that its new allocation of SDRs was equivalent to $650 billion, of which Africa has ...
The ministers also want suspension of debt repayment.
![International Monetary Fund (IMF). [PHOTO CREDIT: IMF]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2017/04/IMF.jpg?fit=1000%2C541&ssl=1)
The fund is a debt relief for the countries and to assist them to tackle the COVID-19 pandemic and its ...
Kristalina Georgieva, Managing Director of the IMF, made this known in a statement issued on Monday.
Nigeria’s government had earlier requested financial assistance under the Fund’s Rapid Financing Instrument (RFI).
