Tag: IMF

IMF advises FG to remove oil subsidy

… Says elimination would ensure fiscal adjustment From ISAAC ANUMIHE, Abuja International Monetary Fund (IMF) has advised the Federal Government to remove the remaining oil subsidy, as that would help fiscal adjustments. Speaking with newsmen in Abuja, IMF’s Senior Resident Representative/Mission Chief, Williams Scott Roger, insisted that the nation required […]

South Africa: Facing the Challenges of the Global Economy

David Lipton, First Deputy Managing Director International Monetary Fund South African Institute of International Affairs, Pretoria May 8, 2013   I would like to thank the Institute for its invitation. I am honored to speak today before an organization so involved in South Africa’s emergence onto the world stage. South […]

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 […]