President Bola Tinubu has acknowledged that his administration’s economic reforms have weakened Nigerians’ purchasing power, but he assured that efforts would be made to prioritize social investment programs to assist the most vulnerable members of society. This statement was made by President Tinubu during a courtesy call from the Managing Director of the International Monetary … Read more
Head of the International Monetary Fund, Kristalina Georgieva on Monday said nearly 80 countries around the world have requested the IMF’s help amid the coronavirus crisis. On this note she said that people should brace up for a recession which could be far worse than what global markets suffered in 2009, due to the coronavirus … Read more
……….Describes Africa As A Continent With Troubles The Managing Director of the International Monetary Fund, Kristalina Georgieva, says 40 per cent of African countries are in debt distress. She described Africa as a continent of opportunities and one with many troubles, noting that the focus was to help countries have sound macro-economic policies, improve the … Read more