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Tag: International Monetary Fund

IMF Just Slashed Nigeria’s 2025 Growth Forecast — Is an Economic Storm Coming?

Africa Warsha De Silva -
Africa (Commonwealth Union) _ The International Monetary Fund (IMF) has downgraded Nigeria’s economic growth projection for 2025 to 3.0%,...

Zimbabwe’s Bold Move to Compensate White Farmers: A Turning Point for Economic Recovery?

Africa Warsha De Silva -
Africa (Commonwealth Union) _ Zimbabwe has announced plans to compensate white former farmers $331 million for land seized during...

Nigeria’s Bold Move to Harness Diaspora Wealth

Commonwealth Diaspora Warsha De Silva -
Diaspora (Commonwealth Union) _Nigeria’s Central Bank Governor, Olayemi Cardoso, revealed that the nation is evaluating the launch of a...

IMF makes bold move to give Sri Lanka a new…

Asia Sarojini P -
Sri Lanka (Commonwealth Union)_ In a significant development, the International Monetary Fund (IMF) Managing Director Kristalina Georgieva has commended...

US steps in to ease Sri Lanka’s troubled economy!

Asia Sarojini P -
Sri Lanka (Commonwealth Union)_ In a significant development for Sri Lanka, the United States has pledged essential support aimed...

The people’s president: Anura Kumara Dissanayake becomes Sri Lanka’s new leader!

Asia Sarojini P -
Sri Lanka (Commonweath Union)_ Sri Lankan politician Anura Kumara Dissanayake has made history by becoming the 9th President of...
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Six Sub-Saharan African countries among world’s top ten economies in 2024

Commonwealth Development Suraj Atapattu -
Africa (Commonwealth) _Africa faces economic difficulties this year, but some of the continent's brightest sparks are casting a more...

Nigeria borrows $1.7bn to raise foreign exchange inflows

Commonwealth Business Suraj Atapattu -
Nigeria (Commonwealth) _Nigeria received $1.71 billion in external loans to enhance foreign currency inflows in the first nine months...

Sri Lankan President presents the 2024 budget, claims the economy still in distress

Asia Sarojini P -
Sri Lanka (Commonwealth Union)_ President Ranil Wickremesinghe of Sri Lanka presented the government's 2024 budget, highlighting the need for...

IMF to resume Pakistan’s $4.2 billion loan following fuel and tax increases

Asia Sarojini P -
Islamabad, Pakistan (CU)_ The International Monetary Fund (IMF) stated that it has reached an agreement with Pakistan to relaunch...

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