The International Monetary Fund (IMF) has downgraded Nigeria’s economic growth forecast by 0.3 percentage points to 2.9% in 2023. This revision, disclosed in the IMF’s latest...
As the world anticipates the release of the Global Financial Stability Report (GFSR), the International Monetary Fund (IMF) has issued a stark warning that despite the...
Sub-Saharan African countries have been advised by the International Monetary Fund (IMF) to tackle their fiscal deficits by focusing on eliminating tax exemptions and bolstering domestic...
The current administration under the leadership of Bola Tinubu is gearing up to fulfill a significant financial commitment as it approaches the final stretch of its...
Under the Extended Fund Facility and Expanded Credit Facility, Kenya has received a substantial disbursement of $415 million.
In a significant development aimed at reviving its struggling economy and addressing a mounting debt crisis, Ghana has successfully secured a $3 billion deal with the...
In a recent report titled “Trade Integration in Africa: Unleashing the continent’s potential in a changing world,” the International Monetary Fund (IMF) has emphasized the transformative...
The International Monetary Fund (IMF) has recently emphasized the repercussions of weaker currencies on public debt in Sub-Saharan Africa. In a report published on the IMF’s...
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has expressed her concern about the potential consequences of retail central bank digital currencies (CBDCs)....
The International Monetary Fund (IMF) has issued a warning that Nigeria could potentially lose an estimated $10 billion in foreign direct investment and official development assistance...