The IMF and World Bank gather on Monday at Morocco for their first annual meetings on African soil in 50 years, under pressure to reform to better aid poor nations blighted by debt and climate change. The International Monetary Fund and World Bank traditionally hold their annual gathering of finance ministers and central bank governors […]
Read MoreThe International Monetary Fund (IMF) has advised central banks in Europe to sustain interest rate hike until inflation is defeated. In a report entitled: Working in Concert to Defeat Inflation, Director, European Department, IMF, Alfred Kammer said policymakers were facing a multifaceted challenge: to defeat inflation, while safeguarding financial stability and sustaining the recovery. He […]
Read MoreThe International Monetary Fund (IMF) has expressed disappointment over the rather slow adoption of Nigeria’s digital currency, eNaira, stressing that it leaves nothing to cheer about. According to The Nation, IMF disclosed in a report titled, “Nigeria’s eNaira, One Year After,” dated May 2023 and obtained at the weekend, that the phased approach chosen by […]
Read More
Managing Director, The International Monetary Fund (IMF), Kristalina Georgieva, over the weekend call in response to expectations of global growth over the next five years to languish at the slowest pace for more than three decades. In her speech ahead of the Spring Meetings, Georgieva said countries should fight inflation and safeguard financial stability, improve […]
Read More
