Tag: IMF

  • 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…