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No plan to borrow from IMF’s $50bn fund – FG

The Federal Government on Thursday declared that it has no plan to approach the International Monetary Fund to borrow from the estimated $50bn, which the IMF had earlier announced on Wednesday that it plans to use and support struggling economies in Africa. The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, disclosed this at a press briefing during the ongoing Spring Meetings of the World Bank/IMF in Washington DC, United States. [...]