Page 2 - Daniel Leigh News Today

The International Monetary Fund (IMF) expects South Africa to become Africa's largest economy next year, overtaking Nigeria. Will it happen?

While IMF data shows Nigeria’s economy has eclipsed SA’s since 2018, its fortunes have dimmed.

According to International Monetary Fund forecasts, South Africa is poised to briefly claim the title of Africa's largest economy in 2024.

“South Africa’s transient emergence as Africa’s largest economy in 2024 is mainly due to the shrinking of Nigeria and Egypt’s GDP in dollar terms, following sharp currency devaluations.

The International Monetary Fund (IMF) says despite early signs of stabilization, a full recovery in Sri Lanka is not yet assured. Daniel Leigh, a senior official in the International Monetary Fund’s research department said that the people of Sri Lanka have shown remarkable resilience. "In the

The G-24 noted that Sri Lanka was making some progress and has carried out some of its debt restructuring within the concept of the Common Framework. Dr. Iyabo Masha, the Director of the G24 Secretariat said that she expects some progress on Sri Lanka during the World Bank Group-International Mon

Victor Chiazor, analyst and Head of Research and Investment at FSL Securities Limited, said: “The report by IMF reviewing Nigeria’s GDP growth rate down to 2.9% for 2023 from an initial 3.2% earlier projected for 2023 does not come as a surprise. The report hinged its review on rising inflation and drop in purchasing power of the consumer.

The International Monetary Fund (IMF) Tuesday called on the Central Bank of Nigeria (CBN) to continue with its interest rate hike regime for a more stable and sustained recovery. The call came amidst the high inflation rate in the country. IMF Divisional Chief, Daniel Leigh, who spoke at the launch of the World Economic Outlook report in Marrakesh, Morocco, described the recent petrol subsidy removal and the unification of the official exchange rate as a pathway towards stronger and inclusive gr...

The International Monetary Fund (IMF) has downgraded Nigeria’s economic growth by 0.3 per cent. According to the report, ‘2023 World Economic Outlook,’ which was released yesterday, at its ongoing yearly Meetings in Marrakech, Morocco, IMF..

The International Monetary Fund (IMF) Tuesday called on the Central Bank of Nigeria (CBN) to continue with its interest rate hike regime for a more stable and sustained recovery.  The call came amidst the high inflation rate in the country. IMF Divisional Chief, Daniel Leigh, who spoke at the launch of the World Economic Outlook…