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World Bank asks Nigeria to end extreme poverty

The World Bank has asked Nigeria and other developing nations across the globe to muster the political will to end extreme poverty by the year 2030. The Development Committee of the bank, which rose from its meeting on Saturday, called for the replenishment of the International Development Association Fund, the […]

IMF Announce US$1.75 Billion Arrangement with Tunisia

By Our Correspondent Lagos (INVESTADVOCATE)- The International Monetary Fund (IMF),  Friday announced a Two-Year US$1.75 billion Stand-By Arrangement (SBA) with Tunisia.   According to Lagarde, the amount of US$1.75 billion is 400 percent (400%) of Tunisia‘s quota in the IMF. “This agreement will be subject to approval by the IMF’s […]

Communiqué Meeting of Finance Ministers and Central Bank Governors Washington, 18-19 April 2013

1. We, the G20 Finance Ministers and Central Bank Governors, met to discuss the current situation in the global economy and to bring forward the policy agenda for our Leaders’ summit in September.   Global Economy and G20 Framework for Strong, Sustainable and Balanced Growth 2. We reaffirmed our determination […]