imf
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Debt
China has waived the debt of some African countries. But it’s not about refinancing
In mid-August, China’s Ministry of Foreign Affairs surprised the world with a series of announcements. Wang Yi, Beijing’s most senior diplomat,…
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People & Money
How to Reset Africa’s Relationship with the IMF
The International Monetary Fund (IMF) will inject $650 billion in Special Drawing Rights into the global economy. It will allocate them among its member…
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People & Money
IMF withholds Recognition and Funds from Taliban Government
“Afghan per capita income has remained stuck at around $600 for more than a decade. The United States of America…
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People & Money
How Many IMF Reports Does It Take To Dim The Moon’s Lustre?
Time was when the IMF’s numbers on the domestic economy mattered. “What to make of the recent numbers?”, one might…
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People & Money
Africa and the IMF: An Unlikely Duo
Both African governments and the IMF must act decisively and cooperatively if the former hopes for a speedy and prosperous…
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People & Money
IMF Upgrades Global Growth Forecast, Nigeria to Expand 1.5% in 2021
After plunging 3.5% in 2020, the worst year since World War II, the global economy will grow 5.5% this year,…
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People & Money
Unlike Nigeria, Kenya Agrees Thoroughgoing Reforms with IMF
The cooperation with the IMF towards implementing a key policy change to bring down its unsustainable debt profile is a…
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People & Money
IMF Chief Optimistic of Economic Recovery in 2021
Chief Economist at the International Monetary Fund (IMF), Gita Gopinath, has forecast a return to growth in major economies in…
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People & Money
Nigeria and the IMF: End of the Fulani Marriage?
“Nigeria’s $1.5 billon World Bank loan is a modified Fulani marriage; it has gotten a skinny plain bride for a…
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People & Money
IMF Says Nigeria’s Tax Collection Amongst “Lowest in the World”
Nigeria’s government must improve revenue collection especially through its tax policy, which is currently among the lowest in the world,…
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