IMF Predicts Nigeria’s Economic Crisis May Spread To Other West African Countries

IMF building

The International Monetary Fund (IMF) has predicted that the present economic challenges in Nigeria may spill to other West African Countries.

 IMF said Nigeria was spending too much revenue to service debts.

This was stated by the Assistant  Director and Head of Fiscal Policy and Surveillance Division, Fiscal Affairs department, IMF, Catherine Pattilo and the Direct, Fiscal Affairs department, IMF, Victor Gaspar earlier in the week at a press conference on the IMF Fiscal Monitoring Report as part of the World bank/IMF Annual meeting in Washington DC, United States.

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