Fidelity bank banner UBA banner
Adeosun, Emefiele join economic experts to discuss global issues at IMF/World Bank meeting

By Rachael Ishaya on 15/04/2018

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 763

•Finance Minister Kemi Adeosun and CBN Governor Godwin Emefiele
•Finance Minister Kemi Adeosun and CBN Governor Godwin Emefiele

 

The Minister of Finance, Mrs Kemi Adeosun and Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, left Nigeria for Washington DC on Sunday to join other economic experts from around the world to discuss issues affecting global economy. 

Discussions would take place under the auspices of the World Bank Group and the International Monetary Fund (IMF). 

The Spring Meetings of the IMF and the World Bank will bring together central bankers, ministers of finance and development, parliamentarians, private sector executives, representatives from civil society organisations and the academia.

The experts will discuss issues of global concern, including the world economic outlook, poverty eradication, economic development and aid effectiveness.

There will also be seminars, regional briefings, press conferences and many other events with focus on global economy, international development and the world’s financial system.

The meetings will hold between April 16 and April 22, 2018.

Nigeria attends the meeting each year because of the quantum of investments and assistance it receives from both the IMF and the World Bank.

Although Nigeria currently has zero loans with the IMF, it enjoys technical support from the organisation.

The World Bank Group on the other hand is helping to fight poverty and improve living standards in the country through 33 Core Knowledge Product Reports and 29 ongoing National and Regional projects.

This is in addition to about 60 Trust Funds.

The World Bank Group since 1958 supported Nigeria with loans and International Development Association (IDA) credits worth about 14.2 billion dollars.

The group in 2017 fiscal year alone committed 1.51 billion dollars to the country and so far in 2018, it already spent 486 million dollars on different development projects across the country.

Some of the projects include Electricity Transmission Project, Agro-Processing, Productivity Enhancement and Livelihood Improvement Support Project, Polio Eradication Support Project and Housing Finance Development Programme, among others. (NAN)

Source News Express

Posted 15/04/2018 8:40:29 PM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

 

You may also like...
South African banks suffer heavy losses following sack...

Anxiety in Kaduna; Igbo lock up stalls

Fuel price increase inevitable: FG

Robbers kill Ebonyi Varsity student

China plans to buy more crude oil from...

Illegal Arms Possession: Again, disobedience to court order...

Inconclusive Kogi Guber: Supplementary polls illegal —Lawyers

FG pledges incentives for investors in critical sectors...

Group alleges brewing genocide plot against Ndigbo

Eket indigenes in USA offer free medical mission...

APC sweeps Oyo LG poll

Aregbesola advocates restructuring of the Nigeria Police

 

Latest News FRSC job seeker collapses, dies Ex-president’s son detained over fraud CBN warns of another looming recession Osun election: PDP calls for resignation of INEC Chairman and Amina Zakari Bill Cosby sentenced to three to 10 years in jail for sexual assault PDP ready to wrest power from APC, says R-APC former National Chairman Buba Galadima Toni Kan and partner sell sabinews.com in landmark deal FG kick-starts 58th Independence Anniversary Celebration with photo exhibition PDP heading for self-destruction in Kogi East, youths warn Osun rerun: Fayemi leads APC leaders to Omisore’s residence Miracle in America: Paralysed people walk again Nigeria's population will hit 450 million by 2050 — International consultant

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (397,552 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (377,307 views) Shameless Genevieve Nnaji exposes breasts in public (309,158 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (251,026 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (232,788 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (221,856 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (200,508 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (182,057 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (166,131 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (163,597 views) Lagos plane crash: Journalist releases victims’ names (158,484 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (147,113 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (63) Business & Economy (3,630) Business Verdict (52) Columnists (933) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (548) Features (653) Global Business Monitor (301) International (2,436) Interview (165) Live Commentary (28) Love Matters (144) News (39,151) Opinion (1,111) Pidgin (11) Politics (6,759) Religion (873) Sports (1,708) Stock Watch (34) AMA & Al Jazeera Global Update

 

NLNG Expression of Interest banner

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

Anthony Joshua vs Alexander Povetkin: Highlights

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement