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IMF

Finance Minister explains why FG went for World Bank, AfDB, dumping IMF

Minister of Finance, Mrs. Kemi Adeosun has given more reasons why the federal government preferred the borrowing plan of the World Bank and African Development Bank than the International Monetary Fund (IMF). She revealed that she has had an interesting…

IMF says global economic recovery ‘weak, precarious’

The global economic recovery remains “weak and precarious”, the International Monetary Fund has warned. In its latest World Economic Outlook, the IMF predicts “subpar” growth this year of 3.1%, rising slightly in 2017.