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IMF
IMF Proposes $50bn Trust Fund For Nigeria, Other Low, Middle-Income Countries
The International Monetary Fund (IMF) is proposing a $50 billion trust fund for Nigeria and other low and vulnerable middle-income countries.In a blog post...
IMF Approves Final Round Of Debt Relief For Poor Countries
The IMF said Monday it had approved the fifth and final round of debt relief under a program meant to help the world’s poorest...
IMF Urges Nigeria to Fully Remove Fuel Subsidies Early 2022
Contrary to the federal government’s plan to remove subsidy on petrol in the second half of next year, the International Monetary Fund (IMF) has...
FG in Talks with IMF on Repayment Terms of $3.4bn SDR – Finance Minister
The federal government is negotiating with the International Monetary Fund (IMF) on repayment terms for the $3.4 billion extended to Nigeria under the Fund’s...
Facing High Debt, Countries Must ‘Calibrate’ Spending – IMF
After debt loads surged last year amid the pandemic, governments now must take care to ‘calibrate’ spending, the IMF said Wednesday.Global debt in 2020,...
SDR: IMF Allocates $3.35bn To Nigeria
Nigeria has been allocated about $3.35 billion as part of a historic general allocation of Special Drawing Rights (SDRs) of the International Monetary Fund...
Covid-19 Third Wave, IMF And Nigeria’s Economy
By Adefolarin A. OlamilekanLately, we have been inundated with less than cheering news of possible third wave of COVID-19 in Nigeria. This comes on...
IMF Board Approves $2.3bn Aid Package For Kenya
The IMF on Friday approved a $2.34 billion aid package to Kenya to “address the urgent need to reduce debt vulnerabilities,” the institution said...
Dangote Refinery Can pull Nigeria Out Of Economic Recession – IMF
The International Monetary Fund, IMF, the global financial watchdog, is projecting that Nigeria’s Dangote Refinery would provide an elixir for the country’s economy when...
COVID-19: IMF approves establishment of Short-term liquidity line for countries
The International Monetary Fund (IMF) has approved the establishment of a Short-term Liquidity Line (SLL) to further strengthen the global financial safety net as...