The International Monetary Fund announced on Thursday that the institution’s Chief Economist Gita Gopinath is set to take over from Geoffrey Okamoto as the No. 2...
Global financial body, the International Monetary Fund has informed the public that bitcoin constitutes a high risk to consumers. In giving this warning, the Monetary Fund...
The IMF is predicting that the pandemic has permanently lowered the path of real GDP in sub-Saharan Africa, suggesting a loss of real per capita output...
The IMF is warning in its latest Global Financial Stability Report that Covid-19’s lingering impact is fading optimism among investors, which could lead to financial tightening...
The IMF is lowering its global growth projection for 2021 slightly to 5.9 percent while keeping it unchanged for 2022 at 4.9 percent. However, this modest...
The COVID-19 outbreak has led to the collapse of the tourism sector and amplified the need for significant financing to tackle the health and economic effects...
Akinwumi Adesina, president of the African Development Bank (AfDB), says the International Monetary Fund (IMF) $650 billion special drawing rights (SDRs) will boost the reserves of...
Nigeria will receive $3.35 billion as its share of the International Monetary Fund (IMF) $650bn special drawing rights (SDRs) to help boost the liquidity of member...
Nigeria has secured about $3.35 billion as part of a historic general allocation of Special Drawing Rights (SDRs) of the International Monetary Fund (IMF). This is...
The Board of Governors of the International Monetary Fund (IMF) has approved a general allocation of Special Drawing Rights (SDRs) equivalent to US$650 billion (about SDR...