Nigeria needs structural and monetary policy reforms to unlock potential – IMF
IMF has stated that the exchange rate and monetary policy reforms will help to unlock Nigeria’s growth potential.
IMF has stated that the exchange rate and monetary policy reforms will help to unlock Nigeria’s growth potential.
The IMF has urged Nigeria to increase monetary reforms to boost balance of payment pressures.
The IMF has disclosed funding support totalling $99 billion to Nigeria and 69 other countries to tackle COVID-19 pandemic.
IMF reiterated that the protest in the country is not just against police brutality, but also unemployment and poverty.
The world economy is now projected to fall by 4.4% in 2020.
IMF boss predicts that African countries will experience a financing gap to the tune of $345 billion through 2023.
The World Bank said that the pandemic has put a decade of hard-won economic progress at risk.
The world economy has ended up performing better than the International Monetary Fund had envisaged in Q2 and Q3.
The IMF had earlier noted that the Nigerian economy would witness a deeper contraction of 5.4%.
Before joining the IMF, Ogada worked at the United Nations Conference on Trade and Development.
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