Settlement of $3.4bn debt to IMF: Not yet Uhuru for Nigeria
•Interest on principal still outstanding Nigeria is no longer on list of countries indebted to IMF Credit Outstanding: 28 Jul…
Ghana ‘facing severe economic crisis’, forced to turn to IMF
Formerly praised for its stability and good governance, Ghana has been facing a severe economic crisis since the onset of…
Ghana’s inflation soars as IMF deal drags on
The West African nation is facing one of its worst economic crises in decades. Soaring inflation is compounding the sufferings…
IMF warns of rising risks to global economy
• Mounting trade restrictions will hit open-market economies most of all, according to the report The deepening cost-of-living crisis, high…
Ghana seeking debt treatment under G20 Common Framework – IMF Chief
International Monetary Fund Managing Director Kristalina Georgieva on Sunday confirmed that Ghana has sought debt treatment under the Common Framework…
IMF urges caution in Nigeria’s currency notes redesign plan
The IMF has urged Nigeria to apply caution in its plan to replace higher denominations of the naira and avoid…
Global economy in worst shape since WWII — IMF
• The head of the fund blames Covid, the Russia-Ukraine conflict and climate change for sluggish growth and rising inflation…
IMF urges FG to completely remove subsidies on fuel, electricity
…and reduce fiscal deficit The International Monetary Fund, IMF, has called on Nigerian government to remove petrol and electricity subsidies…