Culled—Proshare April 16, 2020 by IMF The April 2020 Sub-Saharan Africa Regional Economic Outlook at a Glance The COVID-19 pandemic threatens to exact a heavy human toll, and the economic crisis it has triggered can upend recent development progress. Growth in sub-Saharan Africa in 2020 is projected at -1.6%, the […]

April 16, 2020/IMF Executive Summary COVID-19 has triggered a major health emergency and a severe economic crisis. Infections are on an upward trajectory. Millions of jobs have been lost amid essential containment measures and voluntary distancing. Emerging market and developing economies face exceptional challenges given the deteriorating global economic conditions […]

April 15, 2020/IMF Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement: “Today, our Executive Board approved the establishment of the Short-term Liquidity Line (SLL) to further strengthen the global financial safety net as part of the Fund’s COVID-19 response. The facility is a revolving […]