By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund Wednesday said Jordan’s Inflation Rate is expected to be around five percent (5.0%) for the year. This is contained in a Press Statement by Kristina Kostial, the IMF Mission Chief for Jordan and made available to InvestAdvocate in Lagos Nigeria. […]
Tag: International Monetary Fund
IMF approves extension of interest waiver on loans for Poor Countries
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Friday said its Executive Board had approved the extension of Temporary Interest Waiver for Low-Income Countries. This is contained in a Press Release from the IMF and made available to InvestAdvocate. The IMF said the approval on the exceptional interest […]
IMF urges African oil producers to avoid exploration ‘white elephants’
The International Monetary Fund has urged African oil and gas producing nations to direct their revenues to infrastructure and education rather than on “white elephants.†Exploration in east and southern Africa has been high in recent months as a result of big oil and gas discoveries in Tanzania, Mozambique, Kenya […]
