| On Cameroon Inner City Press Asks the
IMF Which Says Concerned at Management
by
Matthew Russell Lee, Patreon Substack
SOUTH BRONX /
SDNY, June 6 – A year after
the failure of Silicon Valley
Bank and Signature Bank, the
International Monetary Fund
has warned of more trouble,
just as NYCB teeters. Inner
City Press on March 7 asked
the IMF about it, video here.
Then on
Cameroon on June 6, Inner City
Press asked the IMF: On
Cameroon, it's reported
that the IMF advised the
Cameroonian government to
intensify efforts to improve
budget integrity and execution
in 2024. Is Cameroon
complying?
Spokesperson
Julie Kozack acknowledged that
concerns remain about the
Cameroonian government's
"public financial management"
and that targets were missed.
She said a new budget is being
submitted - by the Biya
administration. Inner City
Press will stay on this - and
on other questions it posed
and are pending
On crypto on May
16, Inner City Press asked the
IMF in writing, "On Nigeria
and crypto, what is the IMF's
comments on reports that the
IMF 'commended the Nigerian
regulatory bodies’ handling of
crypto-related cases, evident
in the ongoing legal dispute
between the Nigerian
government and the world’s
largest exchange, Binance'?
Including the arrests?"
The IMF to its
credit answered on May 17,
attributable to an IMF
spokesperson: " Global crypto
trading platforms that want to
operate in Nigeria should be
registered or licensed in
Nigeria and subject to the
same regulatory requirements
applicable to other financial
intermediaries.”
Watch this site.
***
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