IMF gives mixed verdict on economy, reforms
Nigeria’s economy remains vulnerable, though policies and favourable oil prices have helped it to overcome a recession.Disclosing this position yesterday, the International Monetary Fund (IMF) noted that the economy is yet to receive boost from policy implementations that could make it withstand.....
IMF chief urges Arab states to slash spending
Kenya-born French long distance runner, Abraham Kiprotich, wins the 3rd Access Bank Lagos City Marathon returning 2hrs 15mins o4secs, while Ilya Pam wins the indigenous race with 2hrs 27mins.
IMF Chief meets South Africa’s Ramaphosa in Davos to discuss economy
IMF chief Christine Lagarde said on Tuesday she had met with South African Deputy President Cyril Ramaphosa on the sidelines of the World Economic Forum in Davos and agreed that structural challenges were a burden to economic growth in Africa’s largest economy. Their meeting comes a day after the International Monetary Fund cut South Africa’s…
Snow-bound Davos warms to business-friendly climate
After spectacular snowfall that stranded high-flying delegates on their way to Davos, the World Economic Forum starts in earnest on Tuesday basking in robust global growth but facing warnings that the world's have-nots are missing out more than ever.
IMF raises global growth forecasts, US tax cuts provide boost
Global economies are recovering simultaneously and at a stronger pace, and will get at least a short-term boost from the US tax cuts, the International Monetary Fund said Monday.
IMF chief warns of 'dark future' over climate change
The world faces a "dark future" if it fails to tackle climate change and inequality, IMF managing director Christine Lagarde warned on Tuesday.
IMF warns central banks of rising financial market risks
The IMF, while unveiling its 2017 Global Financial Stability Report in Washington DC yesterday, urged the central banks to now plan a well communicated programme for unwinding unconventional policies to ward off market turbulence.
US tax overhaul 'desperately needed', Lagarde says
"Tax reform is a must. Tax reform in the US is imperative," Lagarde said on CNBC. "It has to be simpler. It has to be at lower corporate rates," she added.
The global fight against money laundering
It is very comforting that global concern over Money Laundering and Terrorism Financing (ML/TF) reverberated the other day in Valencia, Spain, where the Managing Director of the International Monetary Fund...