Tag: International Monetary Fund

Investment Account: IMF Introduce Rules to Establish 3 Sub-accounts

By Our Correspondent Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Monday announced new Rules and Regulations establishing three (3) sub-accounts with the Investment Account. This is contained in a Statement by the IMF and made available to www.investadvocateng.com in Lagos Nigeria. According to the IMF, the three (3) sub-accounts are the […]

IMF Commends Tanzania on Economy, disburses US$57 million Credit

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Wednesday commended the Tanzanian Authorities for their prudent policy management and progress in stabilising its economy as the Fund disbursed an additional US$57 million credit to the Country; bringing total resources available for potential disbursement under the arrangement to SDR […]

Mauritius to Finance New Africa Training Institute-IMF

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Thursday said Mauritius will help finance IMF’s New Africa Training Institute serving Sub-Saharan Africa. This is contained in a Statement by the Fund and made available to www.investadvocateng.com in Lagos Nigeria. According to the Statement, Christine Lagarde, Managing Director (MD) […]