Tags IMF

Tag: IMF

IMF lowers China growth forecast to 7.9% for 2021

The International Monetary Fund on Friday lowered its 2021 growth forecast for China to 7.9 percent, following a year of “significant human...

IMF Rates Nigeria’s GDP As Best In Africa

Using the Gross Domestic Product (GDP) as yardstick, the International Monetary Fund (IMF) has rated Nigeria as the best economy in Africa.

Forex Interventions Give False Hope On Naira – IMF

Regular foreign exchange (forex) interventions in Nigeria and other emerging economies create false sense of security and hope on the local currency,...

IMF Urges Nigeria to Reduce Debt Vulnerabilities

The International Monetary Fund has said it is important for Nigeria to ensure significant revenue mobilisation to reduce its debt vulnerabilities.

Nigeria, 69 Other Countries Get $99bn IMF Cash

The International Monetary Fund (IMF) on Monday released its updated economic funding support totalling $99 billion to 70 emerging and developing economies...

IMF Projects 10.4% Contraction In Global Trade

The International Monetary Fund (IMF) has projected a 10.4 per cent contraction in global trade as well as a global economic growth...

IMF projects $28tn COVID-19 losses in five years

The Managing Director, International Monetary Fund, Kristalina Georgieva, has said the crisis from COVID-19 can lead to a global loss of $28tn...

Nigeria’s Economy’ll Contract By 4.3% In 2020 – IMF

The International Monetary Fund has projected that Nigeria’s economy will contract by 4.3 per cent in 2020. It disclosed...

Budget Support: IMF, World Bank Conditions Behind Subsidy Withdrawal, Electricity Tariff Hike

The Federal Government’s removal of petrol subsidy and the increase in electricity tariff are in line with reforms being sought by the...

IMF Lowers 2020 Oil Demand By 8% Amid High Uncertainties

The coronavirus crisis will see global oil demand dropping by around eight percent this year, compared to last year, the International Monetary...

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