October 13, 2021/CSL Research Based on the recently updated external sector statistics of the Central Bank of Nigeria (CBN), FX consumed in the importation of Crude Oil between January to August 2021 summed up to US$690.19m, lower than US$930.24m in the corresponding period in 2020. Over time, the sustained lack […]
OPINION/EDITORIAL
A Hobbled Recovery Along Entrenched Fault Lines
(PHOTO: JOAQUIN SARMIENTO/ISTOCK BY GETTY IMAGES) October 12, 2021/IMFBlog By Gita Gopinath The global recovery continues amid increasing uncertainty, more complex policy trade-offs. The global recovery continues but momentum has weakened, hobbled by the pandemic. Fueled by the highly transmissible Delta variant, the recorded global COVID-19 death toll has risen close […]
Uncertainty Grips Markets as Optimism Wanes
(PHOTO: RAWPIXEL BY GETTY IMAGES) October 12, 2021/IMFBlog By Tobias Adrian Market sentiment has deteriorated since earlier this year amid still elevated financial vulnerabilities and mounting concerns about risks to inflation. Amid the prolonged and painful pandemic, risks to global financial stability have remained contained—so far. But with economic optimism fading, […]
