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Why are African countries so dependent on the IMF?
10 条评论

It was all planned out over the years to slow our growth and remain perpetually around zero growth,. IMF was more or less like a non profit and Nigeria used to support IMF and World Bank in the 50' and 60's. We supposed with funds, I mean really funds for their operations. But sadly, they are the one dictating to us how to wrong our economy today since we kept borrowing from them only to squandered what we borrowed rather investing in profile driving projects and human capital development. Its quite unfortunate. And our leaders kept fall for their traps.

Your voice is amazingly captivating…

🙏

Check this documentary out @realJudebela

The conditions are rubbish, our sensless leader won’t see anything wrong in that, they are selfish and greedy, you want to help you still give conditions on how to spend the money despite they get their interest rate. This is modern slavery.

To whomever it may concern

Keep the good work up Bro

Omo 😳

Thanks @realJudebela

Most of this is true, but not all, as imf agenda will never support privatization/reduced govt social spending, those ar actually bad 4 them nd pro-growth, coz privatization encourage entrepreneurship which empowers individual 4 productivity. govt social spending spurs inflation
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