Nigeria’s sweeping economic reforms have rekindled investor confidence and earned commendation from global financial institutions, but the rapid implementation has left the nation’s poorest citizens grappling...
The International Monetary Fund (IMF) has attributed Nigeria’s economic downturn to the ineffective reform policies of President Bola Ahmed Tinubu’s administration which has deepened the nation’s...
The IMF sees countries debt growing above 100% of global GDP, Vitor Gaspar, head of the Fund’s Fiscal Affairs Department said ahead of the launch of...
The International Monetary Fund (IMF) has blamed the downgrade of Nigeria’s economic growth particularly on the effects of recent inflation, flooding and oil production setbacks. In...
The International Monetary Fund (IMF) has approved a set of reforms that will help it support Low-Income Countries (LICs) from shocks over the long term. The...
Egypt has raised fuel prices by up to 15% as the country looks to cut state subsidies as part of a new agreement with the International...
The International Monetary Fund (IMF) has projected a 3% growth rate for Nigeria in 2025, slightly down from the 3.1% forecasted for 2024. Despite this slight...
Ghana’s economic recovery faces significant hurdles as the nation grapples with a $2.2 billion dispute over arrears with its electricity suppliers. Despite recent progress in restructuring...
The International Monetary Fund (IMF) has approved the immediate disbursement of $360 million to Ghana following the country’s successful debt restructuring agreement with its official creditors....
The International Monetary Fund (IMF) has acknowledged the significant role played by Zimbabwe’s newly introduced gold-backed currency, the ZiG, in stabilizing the nation’s economy. The IMF’s...