Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Thursday advised the Nigerian Authorities to wind down the operations of the Asset Management Corporation of Nigeria (AMCON) in order to curb moral hazard and fiscal risks. This is part of the IMF’s Executive Board Assessment and recommendation […]
Tag: International Monetary Fund
IMF Predicts Algeria’s Economic Growth to hit 3½% by 2015
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF), Wednesday said Algeria’s Economic growth is expected to remain solid, between 3 and 3½ percent (3%-3½%) over the next two years. Christine Lagarde, Managing Director (MD) of the IMF said this in a Statement made available to InvestAdvocate at […]
IMF endorse Single Supervisory Mechanism for Euro Area Banking Union
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The International Monetary Fund (IMF) has endorsed a Single Supervisory Mechanism (SSM) for Euro Area Banking Union. This is contained in an IMF Staff Discussion Note “A Banking Union for the Euro Area†released February 2013 and made available to www.investadvocateng.com. In discussing […]
