Showing posts with label Kristallina Georgieva. Show all posts
Showing posts with label Kristallina Georgieva. Show all posts

Friday, November 22, 2024

IMF’s Doublespeak’ll Make Tinubu’s Hardship Worse

 By Adekunle Adekoya

During the work week ending today, that infamous Bretton Woods institution, the International Monetary Fund, IMF, was in doublespeak regarding the economy of many countries in sub-Saharan Africa, and particularly mentioned countries like Ethiopia, Kenya, Ghana, and my dear country ( I have no other!), Nigeria. 

*Tinubu

Urging Nigeria and the other countries to rethink implementation strategies of the reforms embarked on, the IMF, in its latest Regional Economic Outlook for Sub-Saharan Africa report, noted that the countries involved in deep reforms, including Nigeria, Ghana, Ethiopia and Kenya, may now be experiencing what it called ‘adjustment fatigue’, while some are facing civil resistance.