IMF Backs CBN’s Monetary Policy To Grow Economy
October 16, 2019
2:16 am
•Restates need for reforms to boost low per capita income
•WEO says GDP growth to remain lacklustre in 2019
The International Monetary Fund (IMF) yesterday reiterated its support for the ongoing tight monetary policy stance that had been adopted by the Central Bank of Nigeria (CBN) in the past few years.
The Chief Economist and Director of Research Department, IMF, Gita Gopinath, said this while responding to a reporter’s question, during a media briefing on the October 2019 World Economic Outlook (WEO), at the ongoing IMF/World Bank Annual Meetings in Washington DC.
She said the development bank supported the CBN’s …
