By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Global unemployment rate currently exceeds 200 million people and an additional 13 million people are expected to be unemployed by 2018, the International Monetary Fund (IMF) said in its Fiscal Monitor Report on Wednesday. Vitor Gaspar,head of IMF’s Fiscal Affairs Department, said to address this […]
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IMF Advocates Economic Risk Taking, Says Banks not Strong Enough to Support Global Recovery
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) has advocated economic risk taking and said that banks do not have the financial muscle to support global recovery, according to the latest Global Financial Stability Report (GFSR). José Viñals, financial counselor at the IMF in his GFSR press conference […]
IMF Projects Crude Oil Prices to Fall $97.3 in 2016 amidst Geopolitical Tensions
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) has reported that crude oil prices are projected to fall to $97.3 in 2016 amidst geopolitical tensions, according to the latest World Economic Outlook (WEO). The IMF in the report said commodity prices are expected to decline in inline with […]
