International Monetary Fund

IMF: 20 Sub-Saharan African Countries in Debt Distress, High Risk of Debt Distress

  The International Monetary Fund (IMF) has warned that debt vulnerabilities remains elevated in Sub-Saharan Africa, with no fewer than…

3 years ago

Fuel Subsidy Causing Deterioration in Nigeria’s Fiscal Balance,IMF Says

The International Monetary Fund (IMF) on Thursday maintained that prolonged payment of petrol subsidy in Nigeria was affecting the country’s…

3 years ago

Nigeria to Benefit as IMF Approves $45bn for Low, Middle-Income Countries

The International Monetary Fund (IMF) has approved a $45billion trust fund to help low and vulnerable middle-income countries, including Nigeria…

3 years ago

IMF: Increased Diversity of Creditors Raises Coordination Challenges for Nigeria, Others

The International Monetary Fund (IMF) has declared that increased diversity of creditors raises coordination challenges for Nigeria and other indebted…

3 years ago

Nigeria’s Debt Sustainability at Risk, Cause for Concern, IMF Says

The International Monetary Fund (IMF) has said Nigeria’s debt sustainability is at risk and causes a great deal of concern…

3 years ago

Fed Policy Tightening May Rattle Global Financial Markets, IMF Warns Nigeria, Others

The International Monetary Fund (IMF) advised emerging economies such as Nigeria to prepare for the United States’ interest rate hikes,…

3 years ago

IMF Projects Slowest Economy Recovery of 3.7% for Sub-Saharan Africa In 2021

The International Monetary Fund (IMF) has projected a 3.7 percent growth for Sub-Saharan Africa’s (SSA) economy in 2021. The economic…

3 years ago

IMF May Revise Nigeria’s Growth Forecast

The International Monetary Fund (IMF) is likely to revise higher its growth forecast for Nigeria, its Mission Chief to Nigeria,…

4 years ago

IMF Revises Nigeria’s 2021 GDP Forecast to 1.5%

The International Monetary Fund (IMF) in its World Economic Outlook (WEO) update relead on Tuesday has projected that the Nigerian…

4 years ago