Thursday, May 13, 2021


International Monetary Fund

COVID-19 challenges will bring new statistical demands – IMF

Tao Zhang, the Deputy Managing Director, International Monetary Fund, IMF, says challenges posed by COVID-19 pandemic and changes it has brought on the world will bring about new statistical demands.

COVID-19: South Africa to spend $27bn as palliatives

South African President Cyril Ramaphosa announced a historic rescue package worth billions of dollars to help stabilise the economy during the COVID-19 pandemic.

COVID-19 plunged global economy into recession worse than Great Depression – IMF

The coronavirus pandemic will spark the worst global economic fallout since the Great Depression of the 1920s and 1930s, the International Monetary Fund, IMF, warned on Thursday.

90 countries seek emergency funds as world economy stands still – IMF

More than 90 countries have asked the International Monetary Fund, IMF, for emergency funding as the coronavirus pandemic has led to an unprecedented economic crisis, IMF chief Kristalina Georgieva said on Friday.

COVID-19: Investors pulled out over $83bn as 80 countries requesting help – IMF

The International Monetary Fund, IMF, has said at least $83bn has been pulled out of emerging economies since the Covid-19 outbreak.

IMF urges Lebanon reforms, protesters keep up pressure

 The International Monetary Fund on Monday said Lebanon should urgently implement reforms to restore confidence and economic stability as protesters kept up the pressure on politicians they accuse of corruption by setting up new road blocks.

Current policies haven’t made Nigerian economy better – IMF

The International Monetary Fund, IMF, has lamented that the current policies of the Nigerian government have not been to clearly move the country's economy forward. 

World debt hits record high of $184trn – IMF

The International Monetary Fund, IMF, has said that the world debt has hit an all-time record of $184 trillion, an upward review from the...

IMF puts global debt at $180trn

The International Monetary Fund, IMF, has put the global debt at $180 trillion, warning highly indebted emerging-markets and low-income countries against what it termed...

Russian bank gives $12billion ‘loan’ to Central African Republic by mistake

Central African Republic, CAR, landed a windfall on Tuesday, at least on paper, when Russian state bank VTB reported it had lent the country...

Why 26 million women may lose jobs – IMF

The International Monetary Fund, IMF, in its report titled “Gender, Technology and the Future Work” estimated that at least 26 million female jobs in 30...

Economy: IMF tasks Nigeria, South Africa, Angola on ‘better’ performance

The International Monetary Fund, IMF, has called on Nigeria, South Africa and Angola to ensure solid economic footing to accelerate African economic growth. The IMF...

Finance minister, CBN boss invited to IMF/WBank economic meeting

The Minister of Finance, Zainab Ahmed and the Central Bank of Nigeria, CBN, governor, Mr Godwin Emefiele, will join other economic experts from around...

IMF lauds Nigeria’s exit from recession, recovery in foreign exchange reserves

IMF, however, said that though, the Nigerian economy has exited recession, it still remained fragile and susceptible to shocks.

IMF projects 0.8% growth for Nigeria in 2017

The International Monetary Fund, IMF, says rise in oil prices, continued growth in agriculture, and big government spending will drive Nigeria’s economic growth to...

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