OPINION/EDITORIAL

F&D: Remittances to Fall by $100 Billion in 2020

June 30, 2020/IMF F&D COVID-19 is crippling the economies of rich and poor countries alike. Yet for many low-income and fragile states, the economic shock will be magnified by the loss of remittances. In a new article for F&D, the IMF’s Antoinette Sayeh and Ralph Chami dig deeper into how the pandemic […]

Doubts over the global recovery

June 29, 2020/Coronation Weekly The International Monetary Fund (IMF) recently revised downwards its estimates of global economic activity. The global economy is now forecast to contract by 4.9% this year, with Nigeria due to shrink by 5.4%. Global equity markets were already nervous in June, giving up some recent gains. […]

Low Internet Access Driving Inequality

June 29, 2020/IMFBlog By Mercedes García-Escribano COVID-19 and the Great Lockdown triggered a mass migration from analog to digital and highlighted that access to the Internet is crucial for socioeconomic inclusion. High-speed Internet is key for working from home, for children’s education when they can’t attend school in person, for […]