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Multilateral Development Banks pledge stronger financing capacity for greater socioeconomic...

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...To achieve a greater impact, the institutions have agreed to explore innovations to scale up financing capacity, boost climate action, strengthen co-financing and catalyse...

The most interesting take-aways from the IMF’s World Economic Outlook

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...The IMF thinks debt/GDP will fall from 93% to 88% in 2024. Nonetheless, scary stuff. Ghana, Zambia and Sri Lanka all had ratios in...

Spring Meetings| World’s poor at the mercy of slow global recovery

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TUE. 11 APRIL 2023-theGBJournal | A robust recovery of the global economy remains elusive as a rapid transition to higher interest rates exposes financial vulnerabilities, the...

IMF hikes Nigeria’s growth forecast to 3.2%

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TUE. 31 JANUARY, 2023-theGBJournal| The International Monetary Fund (IMF) Monday hiked Nigeria's growth forecast to 3.2% in 2023, citing measures put in place by...

IMF cuts Nigeria’s growth from 3.6% in 2021 to 3.2% in...

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TUE, 11 OCT, 2022-theGBJournal| The International Monetary Fund (IMF) forecasts global growth to slow from 6.0% in 2021 to 3.2% in 2022 and 2.7%...

African Economic Outlook 2022: AfDB and IMF experts underscore the urgency...

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…African countries need to mobilize $1.6 trillion between 2022 and 2030 to meet their Nationally Determined Contributions to fight climate change WED, 27 JULY, 2022-theGBJournal|...

Sub-Saharan Africa reveals lessons for governance

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By the IMF African Department FRI, 24 JUNE, 2022-theGBJournal| Countries in the region have made important strides in tackling corruption, with some outperforming emerging market...

Nigeria’s real GDP growth is broadening to all sectors except oil-IMF

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…IMF team led by Ms. Jesmin Rahman held meetings with the Nigerian authorities from June 6-10, 2022, to discuss recent economic and financial developments THUR,...

Quick Take| Nigeria’s growth expectation in doubt

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SAT 23 APRIL, 2022-theGBJournal | In the April edition of its World Economic Outlook (WEO), the IMF expects Nigeria to grow by 3.4% y/y...

IMF presses Nigeria for reforms in fiscal, exchange rate, trade, and...

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TUE 08 FEB, 2022-theGBJournal- The International Monetary Fund (IMF) Monday demanded major reforms from the Federal Government of Nigeria in the fiscal, exchange rate,...