Tuesday, August 11, 2020

Tag "$3.4 billion"

    EXPLAINER: Not a loan with conditionalities… what to know about IMF’s $3.4bn to Nigeria

EXPLAINER: Not a loan with conditionalities… what to know about IMF’s $3.4bn to Nigeria

The executive board of the International Monetary Fund (IMF), on Tuesday, approved Nigeria's request for financial assistance to the tune of $3.4 billion. The disbursement is the highest so far given to any African country during the COVID-19 pandemic. TheCable has provided these questions to help you understand the grounds on which Nigeria got the facility from the IMF. IS IT A LOAN? It [...]

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