Tag: IMF
IMF: Nigeria to become Africa’s third-largest economy in 2026
However, the IMF projects that Nigeria’s economy will grow strongly in 2026. Nigeria’s gross domestic product (GDP) is expected to…
IMF warns Nigeria of debt, oil and revenue risks despite reform progress
The International Monetary Fund (IMF) has warned Nigeria to guard against rising debt and fiscal risks even as it praised…
IMF outlines key steps for Nigeria’s economic rebuild
The institution also urged the government to modernize its tax administration system and expand the base to capture more of…
UK risks 1976-style IMF shame – Badenoch
Conservative leader Kemi Badenoch has raised alarm that Britain may be forced into a humiliating IMF bailout, warning of “eerie…
Why Tinubu’s govt. is slamming IMF over Nigeria’s inflation, poverty report
The Presidency has strongly pushed back against the International Monetary Fund (IMF) over what it calls a “discouraging and fatalistic”…
IMF confirms Nigeria’s full repayment of US$3.4bn loan
IMF said the loan has been repaid as of April 30, 2025 in a statement issued in Abuja, Nigeria's capital…
U.S. tariffs pose significant risk to global economy, warns IMF
The IMF chief underscored the necessity of avoiding actions that could further damage the world economy. She urged the United…
Global growth remains unchanged at 3.2%, as inflation recedes – IMF
This is according to the IMF’s latest World Economic Outlook (WEO) Update Report for October 2024: “Policy Pivot, Rising Threats,”…
World Bank, IMF annual meeting to start in Washington
As part of the meeting, the IMF also plans on Tuesday to present a new forecast for future growth in…
Pakistan, IMF reach agreement on $1.1bn rescue package
Pakistan’s economy was pulled back from the brink amid fears of default when the IMF approved a short-term 3 billion…
Global economic growth to drop to 3.0% in 2023-24, says IMF
IMF’s latest World Economic Outlook (WEO) Update Report for July 2023: “Near-Term Resilience, Persistent Challenges” released on Tuesday.
Breaking: IMF advises CBN to extend date for currency swap
The IMF has advised the Central Bank of Nigeria, CBN to extend the deadline for the swap of the old…
IMF talks will not lead to a debt haircut for Ghana – Akufo-Addo
Nana Akufo-Addo said in a speech to the nation to sought and reassure Ghanaians and the markets that the government…
IMF, World Bank to support Ukraine
The IMF is responding to Ukraine’s request for emergency financing through the Rapid Financing Instrument, which the IMF Board could…
2021 GDP: BMO proves IMF, World Bank wrong
BMO added that it was able to correctly project a better GDP figure than IMF and World Bank because of…
Don’t throw away IMF’s Georgieva, Mo Ibrahim cautions hawks
Ibrahim said Georgieva is a victim of US-China tussle, just like Tedros Ghebreyesus of the World Health Organisation.
IMF executive board holds crunch meeting today on Georgieva
France and some other European governments on Friday backed the Bulgarian economist to remain IMF chief.
IMF commends Nigerian govt.
The International Monetary Fund (IMF) mission to Nigeria said the Nigerian economy has started to gradually recover from the negative…
Petrol subsidy: IMF expresses concern about Nigeria’s U-Turn
The International Monetary Fund said on Thursday it was concerned by Nigeria's move to renew fuel subsidies and urged the…
New global currency to replace U.S. dollar. It is not cryptocurrency
The replacement global currency is not a cryptocurrency, but an old favourite of the IMF. It’s called SDR (Special Drawing…
IMF: Economic growth bleak in Africa this year
Sub-Saharan Africa is set to record the slowest economic growth of any world region this year as the continent struggles…
Nigeria excluded as IMF grants debt pardon to 28 countries
Nigeria is missing from the list of 28 countries granted debt pardon by the International Monetary Fund (IMF).
IMF approves $2.7bn aid for Egypt
The International Monetary Fund (IMF) said it would give Egypt 2.7 billion dollars in aid to help it “meet the…
IMF: Nigeria’s economy to shrink 3.4%, South Africa 5.8%
The IMF has projected significant economic contraction this year for Sub-Saharan Africa's two leading economies, Nigeria and South Africa.
IMF approves debt relief for 19 African countries(The List)
The International Monetary Fund on Monday announced immediate debt relief for 25 poor countries, to help them free up funds…
IMF chief: World faces worst economic crisis since Great Depression
The coronavirus pandemic has inflicted an economic crisis unlike any other in the past century and will require a massive…
Finance Minister Ahmed: Nigeria seeks $3.5b loan from IMF, AfDB
Nigeria’s finance minister Zainab Ahmed said the country has applied to the International Monetary Fund (IMF) and African Development Bank…
Chicken pox scare for delegates at IMF/World Bank Washington meeting
The International Monetary Fund has issued a chicken pox warning to all delegates who attended the recent IMF/World Bank Annual…
The DATA Manipulators
By Babafemi Ojudu It was a sore point he touched. President Muhammadu Buhari who is not known for diplomatese…
IMF board settles for Kristalina Georgieva as successor to Lagarde
The Executive Board of the International Monetary Fund (IMF) today selected Kristalina Georgieva, from Bulgaria, to serve as IMF Managing…