World News

Countries in the IMF Financial Spotlight in 2019

January 16, 2019 By IMFBlog In 2019, the IMF will complete 14 assessments under the Financial Sector Assessment Program (FSAP). Eight of this year’s assessments are mandatory: Australia, Austria, Canada, France, Italy, Poland, Singapore, and Switzerland. The other six are voluntary: Algeria, Bahamas, Kuwait, FYR Macedonia, Malta, and Thailand. The […]

$8.1Bn Repatriation: CBN, MTN Settle Out of Court

January 11, 2019/Punch Oladimeji Ramon Telecommunications firm, MTN Nigeria Communications Limited, said on Thursday that it had reached an agreement with the Central Bank of Nigeria over the $1.8bn being demanded from it by the apex bank. The $1.8bn demand by the CBN followed alleged forex remittances infraction by MTN. […]

World Bank Says Global Growth to Slow to 2.9% in 2019

8/1/2019/World Bank Executive Summary  The outlook for the global economy has darkened. Global financing conditions have tightened, industrial production has moderated, trade tensions have intensified, and some large emerging market and developing economies have experienced significant financial market stress. Faced with these headwinds, the recovery in emerging market and developing […]