4 January 2016

West Africa: IMF Managing Director to Visit Nigeria and Cameroon

Photo: IMF
Nigerian President Muhammadu Buhari, along with Vice President Yemi Osinbajo greeting IMF Managing Director Christine Lagarde
document

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), will visit Nigeria and Cameroon during January 4-9, 2016, to engage with policy makers and other stakeholders in both countries and from the region and to underline the IMF's strong relationship with its African member countries.

The visit to Nigeria will provide an opportunity to strengthen the Fund's partnership with the largest economy in sub-Saharan Africa. In Abuja, Ms. Lagarde will meet with President Muhammadu Buhari and other senior leaders, along with business leaders, prominent women, and representatives of civil society. She will also meet with legislators.

"I look forward to productive meetings with President Buhari and his colleagues as they address important economic challenges, most importantly the impact of low oil prices,"

Ms. Lagarde said ahead of her trip, "Nigeria is working hard to improve its business environment, promote opportunities for growth in the private sector, and strengthen social cohesion, all areas where the government has an important role to play."

In Cameroon, Ms. Lagarde will meet President Paul Biya and his economic team, as well as private sector executives, women leaders, and other members of Cameroonian society. She will also meet with Finance Ministers from the six member countries of the Economic and Monetary Community of Central Africa (CEMAC), delivering a speech to the group on January 8.

"As the largest and most diversified economy in CEMAC, Cameroon is well placed to sustain, and reinforce, the momentum of integration," Ms. Lagarde said. "The country and the entire CEMAC region are confronted with the twin shocks of the oil-price slump and a surge in disruptions related to security. Reinforcing regional integration and implementing ambitious reform agendas in CEMAC countries will be key to secure macroeconomic stability and restore strong and inclusive growth in the region."

Nigeria

Unicef - 400,000 Children Under-Five Threatened By Severe Malnutrition

The United Nations International Children's Education Fund (UNICEF) has raised an alarm that an estimated 400,000… Read more »

Copyright © 2016 International Monetary Fund. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 1,200 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.