October 13, 2020/IMF The global economy is climbing out from the depths to which it had plummeted during the Great Lockdown in April. But with the COVID-19 pandemic continuing to spread, many countries have slowed reopening and some are reinstating partial lockdowns to protect susceptible populations. While recovery in China […]
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) […]
