International Monetary Fund

The International Monetary Fund (IMF) said Thursday it had approved about 52.3 million dollars (6.8 billion South Sudanese pounds) in emergency assistance to help South Sudan contain the fiscal impact caused by the COVID-19…

Kristalina Georgieva,  Managing Director, International Monetary Fund (IMF), says global economic growth is expected to fall to  -4.4 per cent in 2020.She made this known on Wednesday in Washington D. C. at a virtual media…

When Zimbabwe suspended trading on its stock exchange last week, James Hove was left with no access to the funds he needs to conduct his business. Like many wealthy Zimbabweans, Hove invests in the local stock market. Not for the value, he…

The head of the International Monetary Fund called on private creditors to join the Group of 20 in providing debt relief for the world’s poorest nations, saying that the alternative to suspension and restructuring is defaulting. A…

The International Monetary Fund (IMF) said it would give Egypt 2.77 billion dollars in aid to help it “meet the urgent balance of payments” requirements that the country is facing as a result of the coronavirus. SEE ALSO: Ecuador Sees…

The steering committee of the International Monetary Fund said it would continue to review the adequacy of the global lender’s resources as it works to help its 189 member countries respond to the coronavirus pandemic. SEE ALSO: China…

Sub-Saharan Africa’s gross domestic product is expected to contract 1.6 per cent this year, compared with 3.1 per cent growth in 2019, as the coronavirus pandemic wrecks the region’s economies, the International Monetary Fund said on…

Analysts on Wednesday urged the Federal Government to strengthen the non-oil sector by ensuring lower interest rate to reduce cost of borrowing, in order to boost Gross Domestic Product (GDP). SEE ALSO: 2.9% Economic Growth Projection…

The International Monetary Fund (IMF) projection published on Tuesday that global growth is forecast at three per cent for 2019, its weakest rate since 2008.The forecast is also 0.3 per cent points below the fund’s April world growth…

Power shortage has hindered Buhari’s $400 billion economic reform, as households spend N4.3 Trillion on generators, international media publication, Bloomberg has reported.Nigeria, one of Africa’s leading economies, is known to have…