Tag: IMF

IMF grants Burkina Faso US$28.4 million Extended Credit

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Executive Board of the International Monetary Fund (IMF) has granted Burkina Faso a US$28.4 million Extended Credit Facility (ECF). This is contained in a Press Release from the Fund and made available to www.investadvocateng.com in Lagos Nigeria. “The Executive Board of the International Monetary […]

Lagarde endorses Eurogroup’s decision on Greece Debt Buy Back

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – Ms. Christine Lagarde, Managing Director (MD) of the International Monetary Fund (IMF) Thursday endorsed the Eurogroup’s decision to support the debt buy back operation for Greece. This is contained in a Press Release posted on the website of the IMF. “I welcome the […]

Greece, markets satisfied by EU-IMF Greek debt deal

The Greek government and financial markets were cheered on Tuesday by an agreement between euro zone finance ministers and the International Monetary Fund to reduce Greece’s debt, paving the way for the release of urgently needed aid loans. The deal, clinched at the third attempt after weeks of wrangling, removes […]