IMF News
Latest articles and news about IMF on AXL Media.
Latest Articles
- Tinubu Removes Finance Minister Wale Edun as Revenue Shortfalls and Integrity Concerns Destabilize Economic Cabinet
Published: Apr 27, 2026
Section: Africa
President Bola Ahmed Tinubu dismissed Wale Edun as Finance Minister on April 27, 2026, following a public contradiction regarding a one trillion naira revenue shortfall. The remova...
- Thirty Three Nigerian Banks Successfully Raise ₦4.65 Trillion in Landmark 2026 Recapitalization Exercise
Published: Apr 27, 2026
Section: Africa
The Central Bank of Nigeria (CBN) has concluded its 2024-2026 banking recapitalization program, with 33 banks meeting the new minimum capital requirements. The exercise, which rais...
- Treasury Secretary Scott Bessent Extends Oil Sanctions Relief Citing Global Energy Vulnerabilities From Hormuz Closure
Published: Apr 22, 2026
Section: Israel
U.S. Treasury Secretary Scott Bessent has authorized a 30-day extension of sanctions waivers for Russian and Iranian seaborne oil, reversing his previous pledge to allow the relief...
- Export Windfall Provides Milei Strategic Opportunity to Rebuild Argentina's Cash Reserves
Published: Apr 22, 2026
Section: Global Economy
A projected US$30 billion influx from oil and agricultural exports is set to hit Argentina over the next semester. This provides President Milei a vital opportunity to stabilize th...
- Ukraine and IMF explore bank tax alternatives to avoid mandatory VAT for sole proprietors in 2027
Published: Apr 20, 2026
Section: Global Economy
Prime Minister Yulia Svyrydenko confirmed that the International Monetary Fund and Ukrainian officials are seeking fiscal alternatives to a controversial plan that would impose val...
- France and Allied Shareholders Battle to Preserve World Bank Climate Funding Amid U.S. Opposition
Published: Apr 19, 2026
Section: Global Economy
French Development Minister Eleonore Caroit is leading a diplomatic push to safeguard the World Bank’s climate financing strategy before its scheduled expiration on June 30. The in...
- Nigeria’s UN Representative Jimoh Ibrahim Affirms President Tinubu Will Maintain Economic Reforms Despite Domestic Hardship
Published: Apr 18, 2026
Section: Africa
Ambassador Jimoh Ibrahim has stated that the Nigerian government will not rescind its current economic policies, characterizing them as essential for long term national prosperity....
- Economic Vulnerability Emerges as Trump’s ‘Achilles Heel’ in Seven-Week Iran Conflict
Published: Apr 18, 2026
Section: US & Canada
Seven weeks of kinetic warfare have exposed a critical pressure point in President Donald Trump’s "maximum pressure" strategy: the domestic economy. Despite significant military ga...
- Central Bank Governor Dismisses Reserve Depletion Fears Citing Buffers Above International Recommendations
Published: Apr 18, 2026
Section: Africa
Governor Olayemi Cardoso has addressed concerns over the decline in Nigeria’s external reserves, stating the current levels remain well above the minimum thresholds suggested by th...
- World Bank Prepares 2 Billion Dollar Guarantee to Secure Argentina Debt Refinancing
Published: Apr 17, 2026
Section: Global Economy
The World Bank is structuring a US$2 billion guarantee package to assist Argentina in refinancing sovereign debt and reducing international borrowing costs. This strategic support...
- United States Leads G20 Initiative to Secure Global Fertilizer Access Amid Iran War Disruptions
Published: Apr 17, 2026
Section: Companies & Industry
U.S. Treasury Secretary Scott Bessent has launched a coordinated G20 effort alongside the International Monetary Fund and World Bank to safeguard fertilizer supply chains fractured...
- Treasury Secretary Scott Bessent Mandates World Bank Pivot Toward Critical Mineral Supply Chains
Published: Apr 17, 2026
Section: Metals
U.S. Treasury Secretary Scott Bessent has called for a fundamental shift in World Bank lending, urging the institution to prioritize critical minerals projects over existing climat...