Home Topics IMF
Hundreds of Jordanians have protested in the capital Amman against the government's planned tax increases and high unemployment rates.
Egypt’s Central Bank wants the World Bank and International Monetary Fund to include the country’s informal sector in their gross domestic product figures.
The International Monetary Fund says it has approved a three-year loan of about $3.7 billion for Angola, which seeks to diversify its economy and curb corruption after a new president took office last year.
Central African Republic landed a windfall on Tuesday, at least on paper, when Russian state bank VTB reported it had lent the country 12 billion dollars.
Following sell pressure in the Nigerian stock market arising from growing political tension and security challenges in the country, foreign investors pulled out about N43. 78 billion from the local bourse last September.
The Central Bank of Nigeria has injected over $10.97bn, into the Forex Market between January and October this year, to defend the Nation’s currency, the Naira, against other major currencies, including the dollar.” (See Punch Newspaper report of November 18th 2018 titled “CBN Defended Naira with $11bn in 10 months”).
Tunisian civil servants staged the biggest general strike in five years on Thursday after their powerful trade union failed to secure wage hikes in tense negotiations with the government.
Dr Titus Okunronmu, a former Director of the Central Bank of Nigeria (CBN), on Sunday advised the Federal Government to use borrowed funds to develop infrastructure.
An economist, Prof. Ndubuisi Nwokoma, has called on the Federal Government to ensure transparency in revenue generation toward boosting revenue and reducing borrowings.
The International Monetary Fund (IMF), says Nigeria is expected to grow by 1.9 per cent in 2018, up from 0.8 per cent in 2017, mostly owing to fewer disruptions in oil production.
President Xi Jinping on Monday pledged to widen access to China's economy, while delivering a veiled rebuke to Trumpism, as he kicked off an import expo amid foreign accusations that he has backtracked on promises to play fair on trade.
Egypt has reached an agreement with the International Monetary Fund on release of the next $2 billion loan installment, the fifth under the country's three-year aid programme, the IMF announced on Wednesday.
Barely three days after Niger state governor Alhaji Abubakar Sani Bello officially flagged off his re-election campaign, no fewer than 2,000 members from the ruling All Progressive Congress (APC) and the Advanced Democratic Party (ADP) in Niger South senatorial district have joined the Peoples Democratic Party (PDP).
Deputy governor of Ekiti State, Otunba Bisi Egbeyemi, has warned officers in charge of land allocation in the Ministry of Land, Housing and Urban Development, against illegal land deal that could cause chaos among the people.
Former Nigeria U17 invitee Ovie Ejaria may have been singing Hosanna in the highest following cut short loan deal and return to parent club Liverpool, but Rangers manager and Liverpool great Steven Gerrard believes the decision is not the best for the 21 year old.
President Muhammadu Buhari on Wednesday unveiled a federal budget of N8.83 trillion for the 2019 fiscal year.
President Muhammadu Buhari has described the killing of former Chief of Defence Staff, Air Chief Marshal Alex Badeh (rtd) as “very sad and unfortunate.”
The Presidency and federal lawmakers have insisted that the presentation of the 2019 budget presentation by President Muhammadu Buhari as scheduled will still hold on Wednesday despite the ongoing strike of the Parliamentary Staff Association of Nigeria.
Nigeria’s ruling party, APC, has blamed Senate President Bukola Saraki and Speaker of the House of Representatives, Yakubu Dogara, for the protest by workers of the National Assembly.
Nearly 80% of the materials for staging the December 23 election in DR Congo's capital, Kinshasa, were destroyed when an election warehouse was torched overnight, officials said Thursday.
Atiku Abubakar, Peoples Democratic Party (PDP) presidential candidate and former vice president of Nigeria, has said that he has so much interest in elevating the deplorable condition of youth in Nigeria, noting that his Minister of Youth would not be more than 30 years.
A Kogi State High Court sitting in Lokoja, on Wednesday, granted an Order of Interim Injunction restraining the State Government from terminating the appointment of Chief James Akor as Aidokanya of Odari in Olamaboro Local Government.