June 25, 2020/IMFBlog By Tobias Adrian and Fabio Natalucci Amid the human tragedy and economic recession caused by the COVID-19 pandemic, the recent surge in risk appetite in financial markets has caught analysts’ attention. After sharp declines in February and March, equity markets have rallied back, in some cases to close to their […]
OPINION/EDITORIAL
Reopening from the Great Lockdown: Uneven and Uncertain Recovery
June 24, 2020/IMFBlog By Gita Gopinath The COVID-19 pandemic pushed economies into a Great Lockdown, which helped contain the virus and save lives, but also triggered the worst recession since the Great Depression. Over 75 percent of countries are now reopening at the same time as the pandemic is intensifying […]
A difficult fiscal position and low interest rates
June 23, 2020/Coronation Weekly The fiscal position of the Federal Government of Nigeria (FGN) is, not surprisingly, tight, as oil prices have crashed and economic growth has slowed down. As we describe on page 2, being able to re-finance debt cheaply is critical to the FGN. So, the fact that […]

