February 12, 2021/IMF A WINDING ROAD TO RECOVERY FOR LATIN AMERICA, CARIBBEAN Latin America and Caribbean economies face a resurging virus that threatens to thwart an uneven recovery, increase COVID-19 cases and deaths, and plunge more people into poverty, Alejandro Werner, the director of the IMF’s Western Hemisphere Department, writes […]
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IMF Sees 1.5% Real Output Growth for Nigeria in 2021; Proffers Solutions for Recovery
February 12, 2021/Cowry Asset Report In the just concluded week, the International Monetary Fund’s Executive Board released the report of their assessment of the 2020 Article IV Consultation with Nigeria, highlighting the weakened state of the economy and proffering ways to improve fiscal policy sustainability, exchange rate stability, price stability […]
IMF Says Nigeria Experiencing Worsening Food Insecurity
February 8, 2021/IMF On January 27, 2021, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Nigeria. Nigeria’s economy has been hit hard by the COVID-19 pandemic. Following a sharp drop in oil prices and capital outflows, real GDP is estimated to have contracted by 3.2 […]
