TAG
IMF
Nigeria’s debt to hit 44.7% of GDP in 5yrs — IMF
The International Monetary Fund (IMF) has projected that Nigeria’s total public debt will rise steadily to 44.2 per cent of Gross Domestic Product, GDP,...
Ukraine Economy Could Collapse If War Continues – IMF
Ukraine’s government continues to function, the banking system is stable and debt payments are viable in the short term, but the Russian invasion could...
FG to Pay IMF $3.51bn in 5 years as Debt Service
The Federal Government of Nigeria is expected to pay the International Monetary Fund a total of $3.51bn between 2022 and 2026 to offset a...
IMF warns FG Over Proposed N2.55trn Fuel subsidy spending
The International Monetary Fund (IMF) has warned that the Nigerian government will likely depend on overdrafts from the Central Bank of Nigeria to fund...
IMF releases report on Balance of Payments
The International Monetary Fund (IMF), yesterday, released its 2020 Annual Report on Balance of Payments Statistics, saying that the period witnessed negative net positions...
DMO Faults IMF on Nigeria’s Debt Servicing Analysis
The Debt Management Office (DMO) has faulted the International Monetary Fund (IMF) over its position on the nation’s debt servicing obligations.The Fund said in...
Nigeria’s Debt Sustainability at Risk, Cause for Concern – IMF
The International Monetary Fund (IMF) has said Nigeria’s debt sustainability is at risk and causes a great deal of concern and unease in the...
IMF urges FG to remove fuel subsidy, official exchange rate
Two weeks after the Federal Government suspended the removal of petrol subsidy, the International Monetary Fund has again urged the Nigerian government to...
Nigeria’s Capacity to Repay Our Loan is Adequate, says IMF
The International Monetary Fund (IMF) says Nigeria has adequate capacity to repay its loan.The executive board of the Washington-based institution said this in a...
Nigeria Now Depends On IMF, W/Bank Loans To Pay Workers’ Salaries’
A Professor of Virology and member of the World Health Organisation’s Technical Advisory Group on COVID-19 Vaccine Composition, Oyewale Tomori, has lamented the refusal...