July 12, 2020/IMFBlog By Poul M. Thomsen Europe, like the rest of the world, faces an extended crisis. An element of social distancing—mandatory or voluntary—will be with us for as long as this pandemic persists. This, coupled with continued supply chain disruptions and other problems, is prolonging an already difficult […]

July 12, 2020/Mediacraft Stanbic IBTC Report Key findings Sharpest reduction in employment in survey’s history Output and new orders fall, but at weaker rates Business sentiment at new low The Nigerian private sector has remained in decline at the end of the second quarter of the year, with the coronavirus […]

IMF Country Focus July 9, 2020/IMF As part of Egypt’s two-step request for IMF financing to respond to COVID-19, $5.2 billion was approved under the 12-month Stand-by Arrangement (SBA).  Financing under the SBA follows the $2.8 billion approved in May under the IMF’s Rapid Financing Instrument. Reforms aim to preserve […]