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32m Africans fell into extreme poverty in 2020 ― IMF

***Predicts difficult post-COVID recovery ***Projects 3.4% for 2021 By Emma Ujah – Abuja The International Monetary Fund (IMF) disclosed that 32 million people in Sub-Saharan Africa were pushed into extreme

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Digital money can facilitate remittances – IMF

  Kristalina Georgieva, Managing Director of, International Monetary Fund (IMF) says the world is witnessing a revolution in digital money that can make remittances easier, faster, and cheaper. She said

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World Bank/IMF: Committee says COVID-19 pandemic causing economic shock, others

BY Peter Egwuatu The Development Committee of World Bank Group , WBG and International Monetary Fund, IMF on Friday said that the coronavirus, COVID-19 pandemic has caused an unprecedented public

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Pope Urges IMF, World Bank to Cut Poor Nations’ Debts

Pope Francis on Thursday urged the International Monetary Fund (IMF) and the World Bank to cut the debt burden of poor countries hit by the economic impact of the COVID-19

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IMF proposes $ 650b special drawing rights to members — Kristinalina Georgieva

…Harps on what Central Banks must do now …Says economic fortunes divergent dangerously Emma Ujah, Abuja Bureau Chief The International Monetary Fund (IMF) is to propose a $650 billion Special

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IMF raises Nigeria’s economic growth forecast to 2.5%

Emma Ujah, Abuja Bureau Chief ECONOMY The International Monetary Fund (IMF) has raised its economic growth forecast for Nigeria   in 2021 to   2.5 per cent.   The IMF

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IMF Raises Nigeria’s 2021 GDP Growth Forecast to 2.5%

The International Monetary Fund (IMF) has revised upward its growth forecast for the Nigerian economy in 2021 from one per cent it had predicted in January to 2.5 per cent.

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IMF projects 6% growth for global economy

The International Monetary Fund (IMF) says the global economy is projected to grow at six per cent in 2021, moderating to 4.4 per cent in 2022. The April 2021 World

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IMF raises Nigeria’s 2021 growth rate to 2.5 %

By Emma Ujah, Abuja Bureau Chief The International Monetary Fund (IMF) has raised Nigeria’s Gross Domestic Product (GDP) 2021 growth rate from 1.5 per cent to 2. 5 per cent.

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IMF ups global GDP growth forecast, warns of poverty rise

The International Monetary Fund said on Tuesday the world economy could recover faster than expected in 2021, revising its January projection up by 0.5 per cent points to 6 per