IMF

Buhari calls for reallocation of IMF reserves to support developing nations
Business

Buhari calls for reallocation of IMF reserves to support developing nations

In an effort to address urgent financing needs and advance sustainable development of countries in the era of COVID-19 and…
Coronavirus: Over 300 lawmakers urge IMF, World Bank to cancel poor countries’ debt
World News

Coronavirus: Over 300 lawmakers urge IMF, World Bank to cancel poor countries’ debt

Over 300 lawmakers from around the world on Wednesday urged the International Monetary Fund and World Bank to cancel the…
Coronavirus: IMF approves $643M emergency loan to Ecuador
World News

Coronavirus: IMF approves $643M emergency loan to Ecuador

The International Monetary Fund has approved a request from Ecuador for emergency financing to fight the coronavirus pandemic, granting a…
Coronavirus: Asian economic growth will halt for first time in 60 years, IMF warns
World News

Coronavirus: Asian economic growth will halt for first time in 60 years, IMF warns

Asia’s economic growth this year will grind to a halt for the first time in 60 years, as the coronavirus…
Coronavirus lockdowns threaten Africa’s already-vulnerable food supply
World News

Coronavirus lockdowns threaten Africa’s already-vulnerable food supply

In a pre-dawn raid in food-starved Zimbabwe, police enforcing a coronavirus lockdown confiscated and destroyed 3 tons of fresh fruit…
Coronavirus: IMF sees worst global recession since 1930s, Canada’s economy to shrink 6.2%
World News

Coronavirus: IMF sees worst global recession since 1930s, Canada’s economy to shrink 6.2%

Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression…
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