December 26, 2021/Mastercard It’s been a resurgent season for retailers as consumers stocked their carts with gifts and gadgets. According to Mastercard SpendingPulseTM, holiday retail sales excluding automotive increased 8.5% year-over-year this holiday season, running from November 1 through December 24. Notably, online sales grew 11.0% compared to the same period last year, […]
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IMF Approves Temporary Extension of Cumulative Access Limits in the Fund’s Emergency Financing Instruments
December 23, 2021/IMF On December 20, 2021 , the IMF’s Executive Board approved 18-month extensions (through end-June 2023) of the temporary increases to the cumulative access limits under its emergency financing instruments, i.e., the Rapid Financing Instrument (RFI) regular window, the Rapid Credit Facility (RCF) Exogenous Shock window, and the RFI’s and […]
Top 10 Blogs of 2021 Show Breadth of Global Policy Challenges
(PHOTO: CORY HANCOCK/IMF PHOTOS) December 23, 2021/IMFBlog The arc of 2021, from tentative recovery to resurgent uncertainty, may feel like more of a circle for many around the world who are understandably weary of the pandemic and eager for a return to normal. But to monetary and fiscal policymakers—who could […]
