March 4, 2016/AfDB The Global Chairman and CEO of General Electric (GE), Jeff Immelt, and the GE leadership team held a working session with seniour African Development Bank leadership led by its Acting First Vice-President, Charles Boamah on Wednesday, March 2 in Abidjan. Both parties discussed mutually beneficial opportunities that […]
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Nigeria may reduce $38/barrel budget oil benchmark if prices fall further: minister
Fri Mar 4, 2016/Reuters By Camillus Eboh Nigeria may reduce the oil benchmark of $38 per barrel outlined in its 2016 budget if global crude prices continue to fall, the budget and planning minister said on Thursday. The drop in the oil price to around $30 a barrel, from over […]
IMF Discusses Principles for Evenhanded Fund Surveillance, New Mechanism for Reporting Concerns
March 4, 2016/IMF On February 22, 2016, the Executive Board of the International Monetary Fund (IMF) agreed to move forward with a framework to help ensure the evenhandedness of Fund surveillance. The framework responds to recommendations from the 2014 Triennial Surveillance Review (TSR) and, as outlined in a staff paper […]
