Tag: IMF

  • PRESIDENCY RESPOND TO IMF’s 3.9% GROWTH SPECULATION 

    PRESIDENCY RESPOND TO IMF’s 3.9% GROWTH SPECULATION 

      ‎ Presidency has praised the International Monetary Funds IMF’s recent upward revision of Nigeria’s economic growth forecasts to 3.9% in 2025 and 4.2% in 2026, attributing this positive outlook to President Bola Tinubu’s bold reforms in fiscal management, energy, trade, and investment, as well as the competence of his economic team. The IMF’s update…

  • PRESIDENCY ATTACKS IMF OVER REPORT ON INFLATION, POVERTY

    PRESIDENCY ATTACKS IMF OVER REPORT ON INFLATION, POVERTY

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    Presidency has criticised the International Monetary Fund (IMF) for its recent harsh assessment of Nigeria’s economic reforms, inflation, and poverty levels.   The IMF’s report highlighted challenges such as high inflation, slow reform impacts, declining per capita GDP, and a poverty rate of 42% in 2023. It also pointed out issues like limited access to…