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The IMF has urged Nigeria to provide targeted cash transfers to vulnerable households facing rising food and energy costs, alongside stronger public finances.
The International Monetary Fund (IMF) has urged countries to replace blanket fuel subsidies with targeted support for vulnerable households.
UK Chancellor of the Exchequer John Healey has received a warning from the International Monetary Fund ahead of his budget this month: use cost-of-living support “sparingly” or risk reigniting inflation.