The IMF plans to raise at least $45 billion for a new trust to help “low-income and vulnerable middle-income countries” cope with protracted challenges like pandemics and climate change, it announced Wednesday.
According to the World Bank collection of development indicators, Nigeria is among lower-middle-income countries with a gross national income (GNI) per capita of $2,157 in 2019.
The Washington-based crisis lender’s Resilience and…