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<p>Covid-19 has given rise to an unprecedented response in fiscal policy. In the last twelve months, countries have announced $16 trillion in fiscal actions. However, those measures were expensive and contributed to historically high debt levels. With countries recovering at different speeds, how can everyone be given a fair shot at recovery? Vitor Gaspar, Director of the Fiscal Affairs Department at the International Monetary Fund joins CNBC Africa for more.</p>


IMF’s Gasparon on Africa’s fiscal policy outlook in 2021

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<p>The International Monetary Fund has revised its growth forecast for the Nigerian economy upwards from one per cent in January to 2.5 per cent.  As nation pushes for better post-pandemic recovery, we’ll look at how entrepreneurs can navigate Nigeria’s economic climate. Chukwuka Monye,  Managing Partner at Ciuci Consulting joins CNBC Africa for more.</p>


How entrepreneurs can navigate the Nigerian economic climate

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<p>The Economic Commission for Africa (ECA) is calling for an extra financial liquidity amounting to $500 billion through the International Monetary Fund’s special drawing rights for Africa to receive more liquidity, allowing the continent to respond effectively to the pandemic. Executive Secretary of the United Nations Economic Commission for Africa, Vera Songwe joins CNBC Africa for more.</p>


COVID-19: ECA calls for extra financial liquidity for African countries

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<p>The International Monetary Fund says Nigeria’s Inflation could reach as high as 16 per cent at the end of the year with upward pressures from fuel and electricity price increases. Ahead of the official January inflation data, Paul Alaje, Senior Economist at SPM Professionals joins CNBC Africa for an outlook on Nigeria’s inflation.</p>


SPM Professionals on Nigeria’s 2021 inflation outlook

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<p>The IMF says its analysis shows that Nigeria&#8217;s pursuit of multiple objectives, namely price and exchange rate stability, credit growth, domestic industrialization, and fiscal financing, have resulted in a pro-cyclical monetary policy stance.</p>


Financial Derivatives CEO on how to reform Nigeria’s monetary policy framework

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<p>While the global economic projections for 2021 have been revised up, the International Monetary Fund has brought down projections for South Africa’s economic growth by 0.2 percentage points. This, as COVID-19 continues to expose the vulnerabilities of the South African economy. Max Alier, International Monetary Fund Resident Representative in South Africa joins CNBC Africa for more.</p>


IMF’s 2021 outlook for the South African economy

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<p>The International Monetary Fund has approved about $20.4 million for Guinea-Bissau to be disbursed under the Rapid Credit Facility.</p>


IMF approves $20.4mn emergency assistance for Guinea-Bissau

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<p>The International Monetary Fund says it expects Nigeria&#8217;s economy to grow by 1.5 per cent this year. Meanwhile, Nigeria’s earnings from Value Added Tax and Company Income Tax rose by 12 billion naira to 2.9 trillion naira in 2020. Tilewa Adebajo, CEO of CFG Advisory joins CNBC Africa for more.</p>


IMF projects 1.5% GDP growth for Nigeria in 2021

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<p>The International Monetary Fund says it has completed its first review of The Gambia’s performance under a program supported by a 39-month Extended Credit Facility arrangement and disbursed 28.8 million dollars upon completion of the review. IMF’s Resident Representative to The Gambia, Mamadou Dioulde Barry joins CNBC Africa for more.</p>


How the IMF is supporting Gambia’s post-COVID-19 recovery

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<p>The International Monetary Fund says Nigeria’s outlook is challenging under current policies. The IMF further disclosed that exchange rate and monetary policy reforms, increased revenue mobilization and structural reforms will help to unlock Nigeria’s growth potential. This comes after the completion of the IMF’s 2020 Article IV mission to Nigeria. Tilewa Adebajo, CEO of CFG Advisory joins CNBC Africa for more.</p>


IMF: Outlook for Nigeria challenging under current policies

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<p>The International Monetary Fund says remittance flows contracted sharply during the early lockdown period but have shown signs of recovery. Although the IMF says the risk of a decline in payments and transfers from migrant workers back to their home countries is very significant, particularly for those in sub-Saharan Africa. Michael Famoroti, Chief Economist at Stears joins CNBC Africa to discuss what this means for Nigeria’s economy.</p>


Nigeria looks to benefit from improved remittance flows as countries emerge from lock-downs

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<p>The International Monetary Fund says the World’s economy will contract by 4.4 per cent this year describing it as the worst crisis since the great depression. The IMF also says that Sub-Saharan Africa’s economy will decline by 3 per cent. Also, Finance Minister and Central bank Governors of the G20 group will meet today to address issues ranging from the COVID-19 to a possible extension of the debt relief initiative for poor countries. Niyi Flade, CEO of Crusader Sterling Pensions joins CNBC Africa for more.</p>


IMF: Global GDP to contract 4.4% in 2020

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<p>Proceedings are underway as Nigeria’s President Muhammadu Buhari, is presenting the 2021 appropriation bill to a joint session of the National Assembly today. Lawmakers earlier approved the 2021 to 2023 Medium Term Expenditure Framework and Fiscal Strategy Paper. Taiwo Oyedele, Partner and West Africa Tax Leader at PwC Nigeria joins CNBC Africa’s Kenneth Igbomor for this conversation.</p>


Buhari presents Nigeria’s 2021 budget to lawmakers

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<p>Nigeria’s 2021 spending plan published by the budget office suggests a higher deficit as its expected government revenue is pegged at 7.49 trillion naira as against an estimated 12.65 trillion naira expenses.</p>


What’s in Nigeria’s 2021 spending plan?

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<p>Economists continue to react to South Africa&#8217;s R70 billion loan from the International Monetary Fund. Joining CNBC Africa to unpack the challenges and opportunities arising from the agreement is Isaah Mhlanga, Chief Economist at Alexander Forbes &#038; Gina Schoeman, Chief Economist at Citi Bank.</p>


Economists react to SA’s R70bn IMF loan


<p>WASHINGTON (Reuters) &#8211; The International Monetary Fund confirmed on Thursday that South Africa has requested emergency financing assistance and its executive board will consider the request on Monday, which would bring to 72 the number of countries receiving IMF aid to deal with the coronavirus pandemic.</p>



<p>“They’ve requested this assistance to help them address urgent balance of payments needs arising from this external shock that the pandemic has given to so many countries,” IMF spokesman Gerry Rice told a regular news briefing. “As always, our board will make the decision on the approval and on the amount.”</p>


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IMF board to consider South Africa financing aid on Monday-spokesman

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<p>The International Monetary Fund says the COVID-19 pandemic opens a balance of payment need of $150 million in Liberia which is about 5.1 per cent of the West African country&#8217;s GDP. The number of COVID-19 cases in Liberia has reached over a thousand according to data from the Africa CDC but almost half of the confirmed cases have recovered. Liberia’s Vice President, Jewel Howard-Taylor joins CNBC Africa to discuss the country’s COVID-19 response strategy and what to expect from the economy for the rest of the year.</p>


International Monetary Fund

IMF’s Gasparon on Africa’s fiscal policy outlook in 2021

How entrepreneurs can navigate the Nigerian economic climate

COVID-19: ECA calls for extra financial liquidity for African countries

SPM Professionals on Nigeria’s 2021 inflation outlook

Financial Derivatives CEO on how to reform Nigeria’s monetary policy framework

IMF’s 2021 outlook for the South African economy

IMF approves $20.4mn emergency assistance for Guinea-Bissau

IMF projects 1.5% GDP growth for Nigeria in 2021

How the IMF is supporting Gambia’s post-COVID-19 recovery

IMF: Outlook for Nigeria challenging under current policies

Nigeria looks to benefit from improved remittance flows as countries emerge from lock-downs

IMF: Global GDP to contract 4.4% in 2020

Buhari presents Nigeria’s 2021 budget to lawmakers

What’s in Nigeria’s 2021 spending plan?

Economists react to SA’s R70bn IMF loan

IMF board to consider South Africa financing aid on Monday-spokesman

Liberia’s Jewel Howard-Taylor outlines plans to mitigate the impact of COVID-19

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International Monetary Fund

IMF’s Gasparon on Africa’s fiscal policy outlook in 2021

How entrepreneurs can navigate the Nigerian economic climate

COVID-19: ECA calls for extra financial liquidity for African countries

SPM Professionals on Nigeria’s 2021 inflation outlook

Financial Derivatives CEO on how to reform Nigeria’s monetary policy framework

IMF’s 2021 outlook for the South African economy

IMF approves $20.4mn emergency assistance for Guinea-Bissau

IMF projects 1.5% GDP growth for Nigeria in 2021

How the IMF is supporting Gambia’s post-COVID-19 recovery

IMF: Outlook for Nigeria challenging under current policies

Nigeria looks to benefit from improved remittance flows as countries emerge from lock-downs

IMF: Global GDP to contract 4.4% in 2020

Buhari presents Nigeria’s 2021 budget to lawmakers

What’s in Nigeria’s 2021 spending plan?

Economists react to SA’s R70bn IMF loan

IMF board to consider South Africa financing aid on Monday-spokesman

Liberia’s Jewel Howard-Taylor outlines plans to mitigate the impact of COVID-19

News Tips

Advertise With Us

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