OPINION/EDITORIAL

Modest Burden of External Debt Service in Q4 2020

March 30, 2021/Proshare By FBNQuest Research  We see from the DMO’s latest quarterly data releases that the FGN’s external debt service payments amounted to USD244m in Q4 ’20, a combination of USD101m and USD143m due to market and non-market creditors respectively. The burden is modest because about two-thirds of the […]

Confronting the Hazards of Rising Leverage

March 29, 2021/IMFBlog By Adolfo Barajas and Fabio Natalucci Leverage, the ability to borrow, is a double-edged sword. It can boost economic growth by allowing firms to invest in machinery to expand their scale of production, or by allowing people to purchase homes and cars or invest in education. During […]

Financing for Development in the Era of COVID-19 and Beyond Initiative

March 29, 2021/IMF Meeting of Heads of State and Government on the International Debt architecture and Liquidity Mr. Secretary General, Prime Minister Holness, Prime Minister Trudeau. Thank you for keeping up momentum to build consensus on this important agenda. Let me make three points. First, the global economic outlook is […]