Tag: Kristalina Georgieva
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Details of what Tinubu discussed with IMF MD emerge
The President stated this on Wednesday night in Rio de Janeiro, Brazil, when Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), paid him a courtesy call on the sidelines of the G20 Leaders’ Summit.
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IMF lowers borrowing costs by 36%
The Executive Board of the International Monetary Fund (IMF) has approved to lower the IMF’s borrowing costs for members by 36 per cent, or about 1.2 billion dollars annually.
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$3.4bn loan: Keep receipts of spending, IMF tells Nigeria
Kristalina Georgieva, Managing Director, International Monetary Fund (IMF) has advised the President Muhammadu Buhari-led federal government of Nigeria to keep receipts of spending of the $3.4bn emergency financial assistance. TheNewsGuru.com (TNG) reports Kristalina Georgieva, who gave the advice on Tuesday in an interview with CNBC Africa revealed that the IMF had already disbursed the $3.4bn…
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IMF officially disburses $3.4bn loan to Nigeria
The International Monetary Fund (IMF) has officially disbursed the $3.4bn emergency financial assistance to Nigeria, IMF Managing Director, Kristalina Georgieva has said. TheNewsGuru.com (TNG) reports the IMF chief made this known on Tuesday in an interview with CNBC Africa as the Coronavirus disease (COVID-19) continues to take tolls across the country. “Nigeria has been hit…
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IMF appoints new MD
Bulgarian economist Kristalina Georgieva has been selected as the new managing director of the International Monetary Fund (IMF). Ms Georgieva, who was previously chief executive of the World Bank, becomes the first person from an emerging economy to lead the IMF. Ms Georgieva has been appointed for a five-year term, starting on 1 October. She…