International Monetary Fund
4 days ago
The Resident Representative of the International Monetary Fund (IMF) office in Nigeria, Ari Aisen, has said that Nigeria needs to efficiently raise revenues and manage its expenditure if it wishes to resolve its debt issues.
Today’s generic hypothesis is simple: effective financial stewardship implicates due diligence, productivity, prudence, regulatory and statutory compliance. It includes sharp prioritisation and resource allocation, positive cash flow, sensible investments, and assets (reserves) consistently outperforming liabilities (gearing) on the balance sheet.
Despite its commitment to tapering its interventions, the Central Bank of Nigeria (CBN), this year alone, released fresh N12.65 billion under its flagship Anchor Borrowers’ Programme (ABP).
Sri Lanka must not allow entrenched corruption to undermine a bailout for its bankrupt economy, the IMF said Tuesday after signing off on a $3 billion loan for the crisis-hit nation. The International Monetary Fund approved its long-delayed rescue programme on Monday after China, the South Asian island's biggest bilateral lender, offered debt relief assurances.…
From 2020 to last year, Nigeria lost, at least, N8 trillion to rent seekers who explore the multiple rates in the foreign exchange (FX) market to rip off the country, data obtained by The Guardian yesterday have shown.
12 Oct 2022
The International Monetary Fund (IMF) has downgraded Nigeria’s economic growth prospect by 0.2 percentage points to 3.2 per cent in the face of rising uncertainty across the globe.
1 Oct 2022
The International Monetary Fund (IMF)’s Executive Board has approved a new emergency financing instrument for countries suffering from acute food insecurity.
26 Sep 2022
Lebanon's parliament on Monday approved the 2022 budget, one of the conditions set by the International Monetary Fund to action a bailout for the crisis-stricken country.
12 Sep 2022
This was how the then Managing Director of the International Monetary Fund (IMF) and current President of the European Central Bank (ECB), Christine Lagarde, summarised her perspective on economic diversification
10 Aug 2022
Coming on the heels of a growing concern about Nigeria’s rising population, a new study by the International Monetary Fund (IMF) highlights “new fertility facts” that are challenging old theories on the relationship between childbearing, years of education and income level.
2 Aug 2022
The precarious state of Nigeria’s public finance has been widely acknowledged both locally and by multilateral financial institutions such as the World Bank and the International Monetary Fund (IMF).
27 Jul 2022
The International Monetary Fund (IMF) has held its projection about Nigeria’s economic growth prospect at 3.4 per cent amid growing concern about elevated inflation and the possibility of a technical recession