IMF
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Business
IMF downgrades Nigeria’s economic growth to 2.9%
The International Monetary Fund has downgraded Nigeria’s economic growth by 0.3 percentage points to 2.9 per cent for 2023 following…
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Business
IMF issues stark recession warning
The International Monetary Fund (IMF) has once again downgraded its forecast for the global economy with a sharp warning: “The worst is…
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Business
IMF chief warns there will be ‘people on the street’ globally unless inflation eases
There will be “people on the street” globally unless steps are taken to protect the most vulnerable from inflation, International…
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Business
IMF: Dangote Refinery, supportive credit facility, can accelerate Nigeria’s economic recovery process
The International Monetary Fund (IMF) has noted that the non-oil sector of the Nigerian economy could be stronger, benefitting from…
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Foreign
China’s economic recovery slowed, IMF says
China’s recovery is well advanced but it lacks balance and momentum has slowed, the International Monetary Fund (IMF) said in…
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Business
Nigeria should remove fuel, electricity subsidies early 2022, IMF says
The Nigerian government should remove fuel and electricity subsidies completely early next year and implement revenue-based fiscal consolidation, the International…
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Business
Nations must be ‘absolutely vigilant’ about inflation – IMF
The economic recovery has weakened in most rich nations due to the impact of the Delta variant of coronavirus, the…
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Business
IMF blocks Afghanistan’s access to reserves after Taliban takeover
The International Monetary Fund said on Wednesday it suspended Afghanistan’s access to IMF resources, including around $440 million in new…
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Business
IMF forecasts stronger recovery for world economy
The International Monetary Fund (IMF) is now forecasting a stronger economic recovery this year and next. The IMF has upgraded…
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Business
GDP: IMF ranks Nigeria 1st in Africa, 26th in the world
Nigeria stands as the number one country in Africa in the International Monetary Fund (IMF) 2020 World Economic Outlook’s ratings…