Economist warns FG against World Bank, IMF …C0NTINUE READING HERE >>> The Chief Economist at SPM Professionals, Paul Alaje, has called on the Federal Government to be careful with advice given by global financial institutions like the World Bank and the International Monetary Fund (IMF). He made the call during an interview on … Read more
IMF endorses $1.1bn budget to back Ukraine …C0NTINUE READING HERE >>> The IMF’s executive board approved a $1.1 billion payout for Ukraine on Friday, which it says will be used to provide budget support to the war-torn country. The loan disbursal is the latest tranche of funding the International Monetary Fund has released to Ukraine … Read more
IMF lowers borrowing costs by 36% …C0NTINUE READING HERE >>> The Executive Board of the International Monetary Fund (IMF) has approved to lower the IMF’s borrowing costs for members by 36 per cent, or about 1.2 billion dollars annually. A statement, issued by the IMF Press Centre, said this was the outcome of the fund’s … Read more
The oppressors who love the oppressed – By Owei Lakemfa …C0NTINUE READING HERE >>> IT is bizarre. The International Monetary Fund, IMF, calling on the government to protect the poor from the impact of the fuel price hikes it engineers! To add to its criminal thought process against the Nigerian people, the same IMF is … Read more
Nigeria’s public policy gambles – By Dakuku Peterside …C0NTINUE READING HERE >>> In July 1986, Nigeria’s military president, General Ibrahim Babangida, launched a public policy initiative hailed as the silver bullet for Nigeria’s distressed economy: the Structural Adjustment Programme (SAP). A local adaptation of an IMF/World Bank initiative, SAP was intended to stabilise the economy. However, … Read more