IMF Country Focus December 17, 2020/IMF By Patricia Alonso-Gamo, Manuela Goretti, and Inci Otker IMF, Western Hemisphere Department COVID-19 has not spared Central America. Confirmed cases have multiplied to well over 600,000 in November, with the death toll exceeding 14,000. Countries have taken prompt containment measures, with the strictest enforced […]

December 17, 2020/IMFBlog By Arnoud Boot, Peter Hoffmann, Luc Laeven, Lev Ratnovski The financial industry is undergoing rapid technological change. Traditional banks face competition from online start-ups with no physical branches. Social media and other digital platforms are expanding into payments and credit. The increase in demand for digital services […]

December 16, 2020 By Paul K. Adegboyega The reported appeal by a group identified as “a group of local investors with stakes in Arik Air” to President Muhammadu Buhari calling for the airline to be returned to its former owners lacks both credibility and substance. The appeal confirms that some […]