The International Monetary Fund yesterday, said that the proposed borrowing plan restructuring away from domestic to foreign by the Federal Government aimed at reducing debt-servicing cost could create exchange rate risks.

Economic growth is expected to rise to 3.4 per cent in sub-Saharan Africa in 2018 from 2.6 per cent in 2017, the IMF said in a report on Monday.

THE IMF’s steering committee warned that global growth is at risk of faltering in coming years amid uncomfortably weak inflation and rising geopolitical tensions.

The International Monetary Fund, IMF, yesterday, warned Nigeria and other low income countries against the dangers of reliance on foreign borrowings.

The International Monetary Fund, IMF, Tuesday, listed policy implementation, forex market segmentation, and banking system fragilities as major threats to sustained economic growth in Nigeria.

The International Monetary Fund (IMF) on Wednesday warned Australia about its high level of household debt.

Nigeria has demanded the reform of the Bretton Wood Institutions to make them responsive to the needs of developing countries and also reflect the realities of the 21st century.

Sokoto — Minis- ter of Finance in the Second Republic, Alhaji Abubakar Alhaji, said yesterday the International Monetary Fund, IMF, borrowed money from Nigeria in 1974.

Negative interest rates imposed by central banks have generally worked as a tool to boost inflation, pulling down yields and sometimes weakening currencies, International Monetary Fund research has concluded.

THE International Monetary Fund (IMF), yesterday, said Nigeria is expected to emerge from recession this year with an economic growth of 0.8 percent, but warned that threats to recovery remained elevated, and that the economy will not grow enough to reduce unemployment and poverty. The IMF, therefore, advised the Federal Government to pursue a policy of fiscal consolidation through higher non-oil revenues, to ensure stability in growth.