Tag: IMF

IMF to Approve US$27.85 million Credit Facility for Guinea

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Monday said it will support the Guinean economy growth with the second disbursement under the Extended Credit Facility (ECF) of SDR 18, 36 million (about US$27.85 million).   This is contained in Press Statement from the Fund and made available […]

IMF Advised to reduce unwarranted disclosure concerns on Countries

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The Independent Evaluation Office (IEO) of the International Monetary Fund (IMF) Wednesday advised the Fund to reduce unnecessary disclosure concerns on individual countries as part of its recommendations aimed to address some longstanding problems that undermine trust in the Fund and other key […]

G-20 declare no Currency War

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Group of 20 Nations Saturday said it will not embark on currency war; but rather resolved to achieve a lasting reduction in global imbalances through joint actions. This is contained in a Press Statement from the International Monetary Fund (IMF) after the conclusion of […]