World News

COVID’s Impact in Real Time: Finding Balance Amid the Crisis

October 8, 2020/IMFBlog By Francesco Grigoli and Damiano Sandri One enduring lesson from the COVID-19 pandemic is that any lasting economic recovery will depend on resolving the health crisis. Our research in the latest World Economic Outlook shows that government lockdowns—while succeeding in their intended goal of lowering infections—contributed considerably […]

IMF Extends Immediate Debt Service Relief for 28 Eligible Low-Income Countries for Another Six Months

October 5, 2020/IMF The Executive Board of the International Monetary Fund (IMF) approved on October 2, 2020 a second six-month tranche of debt service relief for 28 member countries under the Catastrophe Containment and Relief Trust (CCRT). This approval follows the first six-month tranche (April 14 – October 13, 2020) […]

Equatorial Guinea and Russia Officially Break Ground on their Geological Mapping Project in Río Muni

The Rio Muni area is believed to be one of the most promising exploration frontiers in Equatorial Guinea October 5, 2020/AEC Last week marked an important step in the energy cooperation between Equatorial Guinea and Russia, as the first team of Russia’s state-owned joint stock company Rosgeo arrived in Equatorial […]