COVID-19: FG to withdraw its $3.4billion savings from IMF

The Federal Government has announced plans to withdraw its $3.4billion savings from the International Monetary Fund (IMF).

Minister of Finance, Budget and National Planning, Mrs.Zainab Ahmed, stated this at a ministerial briefing in Abuja, monitored on Channels TV.

The Minister said the IMF had made provisions for member countries to draw between 50 to 100 per cent of their  contribution.