IMF officially approves increased lending capacity by $650bn - Punch Newspapers

The most widely read newspaper in Nigeria

The board of governors of the International Monetary Fund on Monday greenlit increasing the institution’s lending capacity by $650bn, the last step in approving an initiative to boost aid to the most vulnerable countries.

“It will particularly help our most vulnerable countries struggling to cope with the impact of the Covid-19 crisis,” she said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MobilePunch /  🏆 8. in NG

Nigeria Latest News, Nigeria Headlines

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

IMF warns against adopting crypto assets as national currency - Punch NewspapersThe most widely read newspaper in Nigeria
Read more »

IMF warns against adopting crypto assets as national currency - Punch NewspapersThe most widely read newspaper in Nigeria
Read more »

'Only healthy lifestyle can curb non-communicable diseases' - Punch NewspapersWhy tax increase on sugary drinks won’t help curb non-communicable diseases –Experts - Punch Newspapers
Read more »

AFN unveils new Anti-Doping Commission members - Punch NewspapersThe most widely read newspaper in Nigeria
Read more »

AfBD to provide women $150m for agriculture - Punch NewspapersThe most widely read newspaper in Nigeria
Read more »

UK property firm provides positive outlook for Nigerian investors - Punch NewspapersThe most widely read newspaper in Nigeria
Read more »