International Monetary Fund
Less than two weeks to the presidential primaries of the political parties ahead of the 2023 elections, the US dollar has broken the N600/$ mark at the parallel market and set the tone for a possible uptick in the coming days.
Once, indeed, is a mistake and twice, stupidity. But for the United States Federal Reserve System, both the first and second interest rate hikes were the beginning of a new trend
The International Monetary Fund (IMF), yesterday, handed a mixed scorecard about Africa’s near-term economic outlook, saying there is limited or nonexistent fiscal space to maneuver the “new shock” triggered by the Ukraine war.
The Minister of Finance, Budget and National Planning, Zainab Ahmed, yesterday, blamed the country’s rising fiscal deficit partly on the ongoing Ukraine war.
The International Monetary Fund (IMF), yesterday, raised Nigeria’s growth projection for the year by 0.7 percentage points on account of rising oil prices.
The war in Ukraine will heavily weigh down on economic growth in the eurozone, the IMF said Tuesday, as the conflict wreaks havoc on energy prices and the manufacturing sector. The International Monetary Fund revised its eurozone growth forecast for 2022 to 2.8 percent, down from 3.9 percent in its January estimate, with the region's…
A new report by the International Monetary Fund (IMF) has drawn attention to the severity of port congestion as a drawback to efficient supply chains, saying facility upgrades are necessary to reduce the challenge.
The International Monetary Fund has extended a credit facility to Mozambique, the first non-Covid related, since it pulled the plug over a $2-billion hidden debt scandal six years ago.
Governments and the private sector have been advised to leverage satellite technology for better disaster management efforts globally.
In the year 2021, the Nigerian economy recorded the highest growth of its GDP since 2014, beating the expectations of economists and the projections of the International Monetary Fund
Director of the African Department, the International Monetary Fund (IMF), Abebe Aemro Salaisse, says the regional market is yet to fully reflect the Russia-Ukraine conflict.
The International Monetary Fund (IMF) said the current invasion of Ukraine by Russia would foist untold economic hardship on the world.