Tag: Naoyuki Shinohara

IMF Advise Benin On Troubled Banks, Grants $16.1 million Facility

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Wednesday advised the Republic of Benin, West Africa to speedily resolve the issue of its troubled banks as it granted the country $16.1 million extended credit facility (ECF). This is coming on the heels of a statement by Naoyuki Shinohara, […]

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 […]