World News

IMF Commends Tanzania on Economy, disburses US$57 million Credit

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Wednesday commended the Tanzanian Authorities for their prudent policy management and progress in stabilising its economy as the Fund disbursed an additional US$57 million credit to the Country; bringing total resources available for potential disbursement under the arrangement to SDR […]

IMF Supports Côte d’Ivoire with US$615.9 million Credit

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) said Tuesday it’s supporting Côte d’Ivoire with a three-year US$615.9-million Extended Credit Facility (about CFA 300 billion) at zero interest rate. Christine Lagarde, Managing Director (MD) of the IMF said this in Statement made available to www.investadvocate.com.ng in Lagos Nigeria. […]