COVID-19: IMF approves $487.5m aid to Angola
The International Monetary Fund’s executive board announced Monday it had approved the disbursement of $487.5 million to Angola, which is suffering from low oil prices due…
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IMF
GDP: IMF ranks Nigeria 1st in Africa, 26th in the world
Nigeria stands as the number one country in Africa in the International Monetary Fund (IMF) 2020 World Economic Outlook’s ratings of countries.
According to the News Agency…
IMF projects less severe recession for Nigeria says 4.3% GDP possible
The International Monetary Fund has revised Nigeria’s economic contraction from 5.4 per cent to 4.3 per cent in 2020.
It said this in its World Economic Outlook which was…
IMF to Grant Low Income Countries $959m Debt Service Relief
The International Monetary Fund, (IMF) may grant a two-year debt service relief to low income countries, worth $959m.
The relief, according to the Washington based…
IMF approves aid for 28 poorest countries
The International Monetary Fund on Monday approved new emergency aid for 28 of the world’s poorest countries to help them alleviate their debt and better cope with the impact of…