INTERNATIONAL Monetary Fund chief Kristalina Georgieva says that risks to financial stability had increased, stressing “the need for vigilance” following the recent turmoil in the banking sector. Speaking at a forum in Beijing, the IMF managing director said she expected 2023 “to be another challenging year”, with global growth slowing …
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The International Monetary Fund has disclosed that inflation, debt, and forex crisis is pushing the Nigerian economy and other African economies to the brink. The Managing Director of the IMF, Kristalina Georgieva, said ministers of finance and central bank governors on the continent disclosed this to her this week. She …
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The International Monetary Fund has cautioned that debt servicing may gulp 100 percent of the Federal Government’s revenue by 2026 if the government fails to implement adequate measures to improve revenue generation. This was disclosed by the IMF’s Resident Representative for Nigeria, Ari Aisen while presenting the Sub-Saharan Africa Regional Economic …
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