Tag: IMF
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.