in , ,

IMF Ranks West African Nation, Nigeria Second Worst in the World in Use of Sovereign Wealth Fund

One of the Bretton Wood institutions in the world has rated Nigeria low on the judicious use of the sovereign wealth funds.
The International Monetary Fund has ranked Nigeria as the second worst country in the world in the use of sovereign wealth funds.
According to the Fiscal Monitor report released on Wednesday, Qatar was the only country worse than Nigeria on the index.
The Bretton Wood institution said the index was compiled using the corporate governance and transparency scores of the sovereign wealth funds and the size of assets as a percentage of 2016 GDP of the countries considered.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Scientists Have Discovered The Most Powerful Plant That Fights Dementia And Increases Memory At 75%

Meet 5 Gorgeous Prominent Afro-Dominicans You Probably Didn’t Know