IMF warns Nigeria, others on loans from China - Daily Post Nigeria

Mr Tobias Adrian, the Financial Counsellor and Director of the IMF’s Monetary and Capital Markets Department said this on Wednesday during the launch of the Global Financial Stability Report for April, 2019 at the IMF/World Bank meetings in Washington D.C, U.S, NAN reports.“On the other hand, what is very important in lending arrangements are the terms of the loans and we urge countries to make sure that when they borrow from abroad the terms are favorable.

On Nigeria’s rising debt levels, Adrian said that the IMF was not overly concerned, as it would allow the country to invest more in developing critical infrastructure. The April 2019 Global Financial Stability Report finds that in spite of significant variability over the past two quarters, financial conditions remained accommodative.

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

IMF cautions Nigeria against borrowing from China - The Nation NigeriaThe International Monetary Fund (IMF) has warned Nigeria and other emerging market countries taking excessive loans from China Lolz. Yeye people What's your headache if I may ask
Source: TheNationNews - 🏆 6. / 69 Read more »

Stop taking loans from China, IMF cautions Nigeria, others - Vanguard NewsThe International Monetary Fund (IMF) has cautioned Nigeria and other developing countries from taking loans from China due to unfavourable loan conditions. vanguardngr Lol... IMF vanguardngr They wouldn't listen but will call them wailers vanguardngr If Nigeria stop taking loan from China, Nigeria shld go back taking loan from IMF
Source: vanguardngrnews - 🏆 5. / 75 Read more »

IMF warns rising debt makes economy more vulnerable - Vanguard NewsRising corporate and government debt levels and the sharp increase in more risky lending could leave the global economy vulnerable to another severe downturn, the International Monetary Fund warned Wednesday.
Source: vanguardngrnews - 🏆 5. / 75 Read more »