Receiving the Managing Director of the International Monetary Fund, Christine Lagarde, at the Presidential Villa, President Buhari said his administration will also enforce greater discipline, probity and accountability in all revenue generating agencies of the Federal Government
Browsing: IMF
In a statement released by the IMF, the visit to Nigeria was also to provide an opportunity to strengthen the Fund’s partnership with the largest economy in sub-Saharan Africa
The authorities expressed their commitment to subsidy reform and indicated they were considering options, timing, and modalities of implementing these reforms in light of the decline in oil prices. Therefore, when we hear the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, talking about “price modulation” and the All Progressives Congress leadership talking about “thoughtful but decisive subsidy phase-out”, we should know that this policy is just a simple summary of an updated IMF policy
An IMF statement quoted Antoinette Sayeh, the IMF Director of African Department, as saying this on Thursday in Harare, Zimbabwe during a press conference on the Regional Economic Outlook for Sub-Saharan Africa
In a statement Wednesday after a fourth round of questioning before magistrates, Lagarde said she was returning to her work in Washington later in the day and said the decision was “without basis
According to him, the IMF is structured to give policy advice with respect to macro-economic situation of countries
IMF’s Deputy Director, African Department, Roger Nord, stated this while presenting the 2014 Regional Economic Outlook report for Africa
Leon made the commendation on Monday in Abuja at the Public Presentation of the 2014 Federal Budget by Dr. Ngozi Okonjo-Iweala, the Minister of Finance and Coordinating Minister of the Economy
The mission, according to a statement by the World Bank, met with the Minister of Finance and Coordinating Minister of the Economy, Ngozi Okonjo-Iweala; the Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi; senior government officials; members of the Legislature; and representatives of the private sector
Executive Directors commended the authorities for prudent macroeconomic policies that have underpinned a strong economic performance in recent years. Looking ahead, Directors agreed that widespread unemployment and poverty remain key challenges for policymakers, and called for renewed efforts to make economic growth more broad-based and inclusive
The IMF said the Central Bank of Nigeria needs to strengthen already existing policies for the country’s economy to grow further