OPINION/EDITORIAL

When It Comes to Public Finances, Credibility Is Key

(PHOTO: FILADENDRON BY GETTY IMAGES) October 7, 2021/IMFBlog By Raphael Espinoza, Vitor Gaspar, and Paolo Mauro Ending the health crisis and addressing its immediate fallout remains the top priority, but governments would also benefit from committing to fiscal responsibility. From the outset of the COVID-19 pandemic, governments have extended massive fiscal support that […]

Risk-On Mood Returns Ahead of NFP

October 7, 2021/cmc connect by Lukman Otunuga, Senior Research Analyst at FXTM Risk appetite flickered to life on Thursday as progress on debt ceiling talks in the United States and Russia’s offer to stabilise energy markets lifted global sentiment. European stocks rebounded amid the improving market mood with US stock […]

Sub-Saharan Africa Exits Recession in 2021 but Recovery Still Vulnerable

October 6, 2021/World Bank Group This rebound is currently fueled by elevated commodity prices, a relaxation of stringent pandemic measures, and recovery in global trade, but remains vulnerable given the low rates of vaccination Sub-Saharan Africa is set to emerge from the 2020 recession sparked by the COVID-19 pandemic with […]