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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 growth.
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…