Tags IMF

Tag: IMF

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...

WHO appoints Okonjo-Iweala as COVID-19 Special Envoy

The World Health Organisation (WHO) on Friday named former Minister of Finance, Dr. Ngozi Okonjo-Iweala, as a Special Envoy for the newly...

COVID-19: Osinbajo, IMF, World Bank representatives meet on economic stimulus …New sustainability plan almost...

Vice President Yemi Osinbajo is enlarging the pool of options open to Nigeria in achieving the Buhari Presidency plan to turn the...

IMF excludes Nigeria from $785m debt relief to 25 countries

The International Monetary Fund (IMF) has excluded Nigeria from the list of 25 countries it granted $785 million debt relief.

World Bank, IMF urge bilateral creditors to suspend debt payments from Nigeria, 75 other...

The World Bank Group and International Monetary Fund have urged all official bilateral creditors to suspend debt payment from IDA countries that...

COVID-19: Recession looms, says IMF’s chief

THE spread of COVID-19 pandemic will lead to a recession of the scale recorded during the global financial crisis, or worse, the...

United Kingdom Boosts IMF’s Catastrophe Relief Fund With £150 Million

The United Kingdom announced a package of measures today to respond to the economic challenges of coronavirus, including that...

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