Browsing Tag
IMF
13 posts
IMF calls for stricter AI oversight to curb financial system risks
The IMF advises financial regulators to bolster oversight of AI tools to prevent synchronized market volatility and systemic instability as institutions increasingly rely on automated algorithms.
Venezuelan Earthquake Casualties Surpass 5,000
Venezuelan authorities report over 5,000 deaths following the June 24 twin earthquakes, as the country taps into IMF funds for urgent reconstruction and aid.
IMF Warns Increasing Costs Will Worsen Poverty Levels in Nigeria
The IMF reports that rising costs for essential goods will continue to drive poverty in Nigeria, even as the nation maintains steady economic growth forecasts.
APM demands Federal Government explanation regarding ₦8.8 trillion in unbudgeted spending
The Lagos chapter of the APM is requesting a full explanation from the Federal Government regarding ₦8.8 trillion in reported off-budget spending identified by the IMF.
Federal Government rejects accusations of N8 trillion in off-budget spending
Minister of Finance Taiwo Oyedele has denied reports that the government spent N8 trillion outside of authorized budgetary channels, calling the claims a misunderstanding of IMF findings.
Peter Obi Demands Tinubu’s Resignation Over N8.83 Trillion Unbudgeted Spending Allegations
Peter Obi has called for President Tinubu's resignation, citing an IMF report that uncovered N8.83 trillion in unbudgeted government expenditures.
Atiku Ties Phantom Agency Controversy to IMF Report on Missing GDP Funds
Atiku Abubakar has linked the IMF's report on missing GDP expenditure to the PFIPC scandal, accusing the Tinubu administration of institutionalized corruption and demanding a thorough independent investigation.
Atiku Demands Inquiry Into Alleged ₦8.8 Trillion Off-Budget Spending by Tinubu Administration
Atiku Abubakar has called for a formal investigation into claims that the Nigerian government spent ₦8.8 trillion outside of the approved national budget, citing recent IMF findings.
Atiku Abubakar Demands Tinubu Identify Those Responsible for Missing 2% of Nigeria’s GDP
Atiku Abubakar has urged President Bola Tinubu to name those responsible for an unaccounted two percent of Nigeria's GDP identified by the IMF.
IMF Reports N8.8 Trillion in Unaccounted Federal Government Spending
The IMF has identified N8.8 trillion in off-budget spending by the Nigerian government, noting that the exclusion of these costs obscures the country's true fiscal deficit and borrowing needs.