Tag: International Monetary Fund
IMF sounds the alarm for South Africa
South Africa’s state finances have rapidly deteriorated over the past 15 years, with the International Monetary Fund (IMF) being the latest to sound the...
Nigeria repays $1.22bn to IMF in nine months – Report
Nigeria has serviced its debt to the International Monetary Fund with not less than $1.22 billion over nine months, data from the Debt Management...
Nigeria’s Reforms are not working — IMF Report
The International Monetary Fund (IMF) has said that 18 months after implementation, Nigeria’s ongoing economic reforms are still struggling to deliver meaningful results.
The IMF...
IMF projects reduction in Nigeria’s debt-to-GDP ratio – IMF
* Global debt to exceed $100tr
A gradual drop in Nigeria’s debt-to-Gross Domestic Product (GDP) ratio has been projected by the International Monetary Fund (IMF).
The...
IMF commends CBN for increasing Nigeria’s interest rates, says naira now...
The International Monetary Fund (IMF) has commended the Central Bank of Nigeria for increasing interest rates, saying Nigeria’s currency, the naira is now showing...
IMF chief lauds China’s commitment to climate goals
International Monetary Fund (IMF) Managing Director, Kristalina Georgieva, on Thursday hailed China’s efforts in pursuing its climate goals, highlighting the country’s rapid progress propelled...
IMF hinges Nigeria’s 3.1% economic growth outlook on stronger reforms
The International Monetary Fund (IMF) says achieving Nigeria’s projected 3.1 per cent economic growth outlook for 2024 is dependent on the implementation of stronger...
IMF downgrades Nigeria’s economic growth forecast to 3.1%
The International Monetary Fund, IMF, on Tuesday downgraded its forecast for Nigeria’s economic growth in 2024 to 3.1 percent citing weaker growth recorded in...
Nigeria’s economy’ll hit $1.85tn by 2029, IMF predicts
The International Monetary Fund, or IMF, has predicted that Nigeria’s economy will reach $1.85 trillion by 2029 in terms of purchasing power parity.
This forecast...
Nigeria will spend N2.3t to sustain fuel, electricity subsidy — IMF
The International Monetary Fund has warned that the continuation of fuel and electricity subsidy will cost Nigeria N2.33 trillion or three percent of...

























