He also underscored that economies not in need of access to cash should “consider channeling these resources to vulnerable low and middle-income countries that need a liquidity injection by replenishing the IMF’sYesterday’s IMF’s allocation makes new borrowing available to the fund’s 190 member countries, roughly in proportion to their share of the global economy.
As many developing countries are “teetering on the verge of debt default”, the UN chief encouraged the G20 leading industrialized nations to channel unused SDRs to the Fund’s new resilience and sustainability plan, for these nations. , not deducted from Official Development Assistance”, he reminded.
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:
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 officially approves increased lending capacity by $650bn - Punch NewspapersThe most widely read newspaper in Nigeria Lai Mohammed and Bubu must not see this news o... 🙏Pls don't don't retweet it o 🤔 Finally, I can become a Chinese even while living in Nigeria
Source: MobilePunch - 🏆 8. / 63 Read more »
Federal government and degree in education for teachers | The Guardian Nigeria News - Nigeria and World NewsRecently, the Federal Government of Nigeria introduced some rather disturbing criteria for the employment of teachers and decided to restructure its educational...
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Tokyo Olympics: Nigeria's Adekuroye loses to Moldova's Nichita | The Guardian Nigeria News - Nigeria and World NewsNigerian wrestler Odunayo Adekuoroye has lost her 57kg weight category fight in the ongoing Tokyo 2020 Olympics. Adekuoroye lost to Anastasia Nichita of the Republic of Moldova on account of a fall. Adekuoroye was leading 8-2 on the scorecard before Nichita achieved the win via VFA (Victory by fall). While she lost out in the […] Painful L What Nigerians represent in this Tokyo Olympics is the true representation of Nigeria looks like winning at her independence but now we know what it is, keep up boys you're representing us well... What an irony
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Source: GuardianNigeria - 🏆 1. / 94 Read more »
NAPTIP nabs trafficker, rescues 13 Libya-bound victims | The Guardian Nigeria News - Nigeria and World NewsThe National Agency for the Prohibition of Trafficking in Persons, (NAPTIP), has arrested a Kano-based notorious human trafficker, Nurudeen Sani, that has been on its watch list. The arrest was executed by a joint team of the Department of State Services, (DSS), NAPTIP and the Nigeria Security and Civil Defence Corp, (NSCDC), following a tip-off […] Heading to Libya for what? Have they not been in this world to have known enough about Libya by now?
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Buhari salutes Emefiele at 60 | The Guardian Nigeria News - Nigeria and World NewsPresident Muhammadu Buhari has saluted Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, as he turns 60 today.
Source: GuardianNigeria - 🏆 1. / 94 Read more »