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IMF
IMF has said it deployed a total of $6.8 billion in emergency support for Nigeria to cushion the effect of the pandemic in 2020 and 2021.
The IMF has said that Nigeria's revenue is still not where it needs to be, noting that the country collects the least amount of revenue among all emerging economies.
The IMF and the World Bank have agreed to provide Ukraine with over $5 billion in response to the country's request for emergency financing.
The IMF warned that sovereign debt crisis could spread to banks, pension funds, households, and other segments of the domestic economy.
The IMF has urged the CBN to address current flaws in the anti-money laundering and counter-terrorist financing framework.
The IMF has noted that the non-oil sector of the Nigerian economy benefit from the new Dangote Refinery and supportive credit policies.
The Federal Government’s gross debt interest payments is projected to grow to 92% in 2022 from 85.5% in 2021.
IMF has insisted that the payment of fuel subsidy and maintenance of an official exchange rate would not yield favourable results.
The IMF has stated that reported unemployment rates in Nigeria as at the end of 2020 are yet to come down.
Nigeria and other emerging economies with high foreign currency borrowings and external funding should prepare for possible turbulence,...
The number of people living in extreme poverty in 2021 was roughly 70 million more than pre-pandemic patterns...
The International Monetary Fund, IMF, forecast that Nigeria’s economy is expected to grow by 2.7% in 2022 and...