Why Nigeria didn't benefit from IMF debt service relief – Amine Mati – Daily Trust

Why Nigeria didn’t benefit from IMF debt service relief – Amine Mati

The IMF has approved its largest COVID-19 emergency financing package so far. In a conversation with IMF Country Focus, the IMF’s mission chief for Nigeria, Amine Mati, described the economic situation confronting Nigeria, and how the country will use the money negotiated with the IMF.The COVID-19 pandemic is severely impacting economic activity in Nigeria. The country’s main export commodity is oil, which represents around 90 percent of its exports.

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:

Daily Trust /  🏆 13. 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.

Nigeria can repay $3.4bn facility, says IMF - The Nation NigeriaThe International Monetary Fund (IMF) gas stated Nigeria has the capacity to repay the $3.4billion Rapid Financing Instrument (RFI) it recently approved...
Read more »

What Nigeria told IMF to secure $3.4 billion loan - Premium Times NigeriaDetails emerged on Wednesday about the case the Nigerian government made to secure the approval of the Executive Board of the IMF
Read more »

Why Nigeria Is Borrowing $3.4bn From IMF – Finance MinisterICYMI: Why Nigeria Is Borrowing $3.4bn From IMF – Finance Minister
Read more »

$3.4bn support: IMF to conduct due diligence on CBN
Read more »

FG pledges prudent use of $3.4bn IMF loan
Read more »

IMF explains conditions for Nigeria's $3.4 billion loanThe $3.4 billion emergency funding for Nigeria on Tuesday by the International Monetary Fund (IMF) is a repayable loan approved to help the country
Read more »