IMF cautions against use of cryptocurrencies as legal tender
July 29, 2021 The International Monetary Fund, IMF, has expressed its reservations in ranting cryptoassets legal tender status, as being considered by some countries. IMF noted that new digital forms…
IMF Expresses Concern Over Nigeria’s Ability to Pay Back Rising Debt
The International Monetary Fund, has expressed worry over Nigeria’s ability to repay its foreign debt which had continued to rise. Though it said conditions were favourable for the country to…
Global Financial Stability Report October 2018: A Decade after the Global Financial Crisis: Are we Safer?
The October 2018 Global Financial Stability Report (GFSR) by the IMF reveals that global near-term risks to financial stability have increased somewhat, reflecting mounting pressures in emerging market economies and…