Unlimited Opportunities: Creating More Jobs for Young People in Emerging Market and Developing Economies

By Christine Lagarde and John Bluedorn “To define is to limit,” Oscar Wilde once said. But sometimes economists need to use definitions to see the scope of a problem and find ways to lift the limits to success. This is especially true for young people in emerging markets and developing economies. We know that young […]

IMF Forecasts ‘Gathering Storm’ For Global Economy

One of the International Monetary Fund’s top officials warned on Tuesday that “storm clouds” were gathering over the global economy. IMF First Deputy Managing Director, David Lipton, said that governments and central banks might not be well equipped to cope. Lipton said that the fund had been urging governments to “fix the roof” during a […]

IMF To Nigeria: Increase Non-Oil Revenue

Nigeria should explore ways of increasing revenue outside its traditional base of oil proceeds, the International Monetary Fund (IMF) has said. Speaking during a press briefing at the on-going 2018  IMF/World Bank Meetings in Bali, Indonesia, IMF’s Deputy Director, Fiscal Affairs Department, Paulo Mauro, explained that there is an issue of how  to increase Nigeria’s […]

IMF Urges Nigeria To Spend On Boosting Growth

The International Monetary Fund (IMF) has urged Nigeria to prioritise and embark on infrastructural projects that would boost the nation’s economic growth. The body stressed that increasing revenues was very important for Nigeria, but equally significant was the choices made on what it would be spent on. Deputy Director, IMF Fiscal Affairs Department,Mr Paolo Mauro, […]

Emefiele, Elumelu, IMF Chief, Others For FMDA Conference

The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele; Chairman, UBA, Heirs Holdings and Transcorp, Mr. Tony Elumelu and International Monetary Fund (IMF) Country Chief, Mr. Amine Mati  are among the dignitaries who have confirmed their attendance at  the 2018 Financial Markets Conference of the Financial Markets Dealers Association (FMDA). The event scheduled to […]

IMF Doubts Nigeria’s Capacity To Repay Debts

The International Monetary Fund on Monday expressed concern over Nigeria’s capacity to repay its debts and stressed the need for the Federal Government to mobilise more revenues domestically. The Washington-based fund, at the public presentation of the Spring 2018 Issue of the Regional Economic Outlook for Sub-Saharan Africa, said the public debt in the region […]

Rising Debt May Hurt Nigeria, Others, IMF Warns

The International Monetary Fund (IMF) Tuesday. warned that Nigeria and other debtor nations may run into more troubles with repayment as the global debt levels are becoming unsustainable. This is even as the Fund warned that voters’ disillusionment could raise the threat of political developments that could destabilise a range of economic policies in the future, […]

Trade War Will Harm Global Growth, IMF Chief Warns

The head of the International Monetary Fund warned Wednesday that a trade war US President Donald Trump apparently intends to provoke with tariffs on steel and aluminium would snuff out global growth. “If international trade is called into question by these types of measures, it will be a transmission channel for a drop in growth, […]


Nigeria’s Economy Vulnerable, Its Recovery Challenging—IMF

Tayo Olanipekun Apart from the growth witnessed in its oil and agricultural sectors, Nigerian economy did not grow in the first three quarters of this year, making the recovery of Africa’s largest economy challenging, the International Monetary Fund (IMF) has said. This is as it also noted that difficulties in accessing financing and high inflation […]