Africa must end IMF dependence, deploy $500bn reserves – Oramah

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Africa must end IMF dependence, deploy $500bn reserves – Oramah

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Former Afreximbank president Benedict Oramah urged African countries to reduce reliance on IMF bailouts and make greater use of the continent’s reported $500 billion in reserves. The proposal centers on regional financial autonomy and deploying existing capital.

Afreximbank’s former president, Benedict Oramah, has urged African countries to end their dependence on IMF bailouts and deploy their $500bn reserves. Read More: https://punchng.com/africa-must-end-imf-dependence-deploy-500bn-reserves-oramah/

World Politics Markets Africa IMF Afreximbank foreign reserves financial autonomy Benedict Oramah

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