Thursday, June 4, 2020
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World Bank, IMF Call for Debt Relief for Poor Countries to Stem Covid-19

By Mathew Dadiya, AbujaThe World Bank Group and the International Monetary Fund, Friday, urged official bilateral creditors to provide immediate debt relief to the poorest countries facing COVID-19. This, the World Bank group and other international creditors believed would enable these 56 poor nations to prioritize their spending to curtailing the

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FG Secures $750m World Bank Loan to Finance State Programs

By Tony Obiechina, Abuja The Federal Government has obtained a $750 million World Bank credit facility to finance the Fiscal Transparency, Accountability and sustainability programmes of 36 states of the Federation. The Minister of Finance, Budget and National Planning, Dr Zainab Ahmed who disclosed this on Tuesday, said that $700 million of the money would be

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COVID-19: IMF, World Bank Switch to Virtual Spring Meetings

  By Mathew Dadiya, Abuja The International Monetary Fund (IMF) and the World Bank, on Tuesday said they will adopt a “virtual format” for their Spring Meetings instead of convening in person in Washington, citing concerns about the fast-spreading coronavirus codenamed COVID19. The Spring Meetings, scheduled this year for April 17-19, usually bring

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