Tags : IMF Board

International Monetary Fund: Board of Governors Approve $3.35 Billion To

The Board of Governors of the International Monetary Fund (IMF) has approved the allocation of $3.35 billion to Nigeria as part of a historic general allocation of special drawing rights (SDRs) of the International Multilateral Institution. This is a result of the approval of a general allocation of about SDR456 billion, an equivalent of $650 […]

Coronavirus: IMF Approves Debt Relief For 25 Countries

The International Monetary Fund has announced immediate debt relief for 25 poor Countries to help them free up funds to fight the Coronavirus pandemic. The IMF Managing Director , Kristalina Georgieva, said in a statement on Monday, April 13, 2020, that this will provide grants to poorest and most vulnerable members to cover their IMF […]