The President of the World Bank Group, David Malpass, has said that the bank will work with the International Monetary Fund to assess Nigeria’s debt sustainability. Malpass said this during the 2022 annual meetings opening press conference in Washington, D.C. recently. He said, “We will work with the IMF on[Read More…]
Tag: IMF
Budget Deficit: IMF Urges FG to Increase Tax
In order to meet its budgetary deficit obligations, the International Monetary Fund (IMF) has advised the Federal Government to increase domestic revenue through taxation. The IMF made the appeal in its briefings at the launch of the Global Financial stability Report with the theme “Navigating the High-Inflation Environment”. The Global[Read More…]
IMF Warns CBN of Financial Instability with Rate Hikes
The International Monetary Fund has warned that Nigeria and other emerging economies are at risk of financial instability if benchmark interest rates are continuously raised. In a new report entitled, “Interest Rate Increases Volatile Markets Signal Rising Financial Stability Risks,” the global lender noted that to avoid inflationary pressures from[Read More…]
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Danger of mobile phone in the kitchen
It’s dangerous using mobile phone in the kitchen
