By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) and the World Bank’s International Development Association (IDA) said on Wednesday they have approved $1.1 billion in total debt relief for Chad. The IMF says $1.0 billion is expected to be delivered by multilateral creditors and the remainder by bilateral […]

April 28, 2015/The Will About five months after it was presented by the Minister of Finance/Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala, the Senate, Tuesday, passed the 2015 budget . However, the N4.493trn 2015 budget was N51bn higher than the N4.425tr submitted to the National Assembly by the Federal […]

April 27, 2015by iMFdirect By James Daniel and Rachel van Elkan Since mid-2014, diversity and divergence—applying to countries’ economic situations, policies and performance—have dominated global economic discussions. Differing economic performance in major advanced countries has led to divergent monetary policies. Both the Bank of Japan and the European Central Bank […]