President Bola Ahmed Tinubu has disclosed that Nigeria has cleared its outstanding debt to the International Monetary Fund (IMF) and grown its net external reserves by...
Nigeria has officially completed the repayment of its $3.4 billion emergency loan from the International Monetary Fund (IMF), disbursed under the Rapid Financing Instrument (RFI) in...
The International Monetary Fund (IMF) has projected Nigeria’s inflation rate to average 26.5 percent in 2025 as structural constraints and weak income growth continue to challenge...
Kenya has turned to the International Monetary Fund (IMF) for a new funding program as it struggles to close its widening budget gap. The East African...
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...