• Economic crisis: IMF suggests policy adjustment to boost trade in Nigeria, others

    Economic crisis: IMF suggests policy adjustment to boost trade in Nigeria, others

    Worried by economic crisis across many countries of the world, the International Monetary and Financial Committee (IMFC) of the International Monetary Fund (IMF) yesterday advised Nigeria and other countries hard-hit by persistent decline in their terms of trade to proceed with policy adjustment in order to correct the imbalance.

    The advice came just as the Finance Minister, Mrs. Kemi Adeosun, reassured Nigerians and the international community that Nigeria had a credible recovery plan to lift the economy out of recession.

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