The International Monetary Fund (IMF) is backing government to overhaul its tax exemptions regime to boost its failing domestic revenue. The Washington-based lender, in its latest review of Ghana’s ongoing bailout programme, said rationalising tax exemptions will improve government’s domestic revenue mobilisation. Domestic revenue performance over the past two-three years has not met the budgeted […] …
IMF
Why NBS economic growth report is wrong, by experts
The report of the National Bureau of Statistics (NBS) yesterday that the economy recorded 2.4 per cent growth in the fourth quarter of 2018 drew criticism from economic experts.
The post Why NBS economic growth report is wrong, by experts appeared first on The Guardian Nigeria Newspaper – Nigeria and World News. …
IMF chief says ready to support Pakistan after meeting PM Khan
International Monetary Fund chief Christine Lagarde on Sunday met Pakistani Prime Minister Imran Khan and assured him that IMF stands ready to support his country.
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IMF chief warns of high Arab public debt
Public debt has rapidly increased in many Arab countries since the 2008 global financial crisis, due to persistently high budget deficits, the International Monetary Fund warned Saturday.
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Italy’s economic policies likely to hurt the poorest
The economic policies of Rome’s populist government make Italy vulnerable to a crisis of market confidence, with the poorest likely to suffer the most, the IMF warned Wednesday. “The authorities’ policies could leave Italy vulnerable to a renewed loss of market confidence,” an International Monetary Fund annual report on the country said. “Italy could then […]
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IMF cuts global economic growth forecast to 3.5%
The International Monetary Fund (IMF) yesterday cut its estimates for global growth, warning that the expansion seen in recent years is losing momentum. The Fund now projects a 3.5 per cent growth rate worldwide for 2019 and 3.6 per cent for 2020. These are 0.2 and 0.1 percentage points below its last forecasts in October […] …
IMF: Nigeria, other African economies to grow 3.8%
The economies of Nigeria and other sub-Saharan Africa countries will be home to several of the world’s fastest-growing economies this year, the International Monetary Fund (IMF) said yesterday. The region, it said, is expected to have overall economic growth of 3.8 per cent, on par with the global forecast of 3.7 per cent. But the […] …
FG should use reserves to reduce borrowing
Professor Akpan Ekpo, an economist and former director general of the West African Institute for Financial and Economic Management (WAIFEM), believes that the Federal Government does not need any tutorials from the World Bank or International monetary Fund (IMF) on how to handle the external reserves. Nigeria to grow by 1.9% due to fewer disruptions […]
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IMF: Lagos will grow by 4% to $136b in 2019
Lagos State economy would grow by four per cent in 2019, the Governor, Akinwunmi Ambode, said. Ambode, who spoke at separate meetings on Tuesday in an address he delivered to the state’s foremost social clubs – the Yoruba Tennis Club and Island Club, said “Lagos on a stand-alone basis in the year under reference, would […] …
