OPINION/EDITORIAL

Helping Bangladesh Recover from COVID-19

IMF Country Focus June 12, 2020/IMF One of the most densely populated countries in the world, Bangladesh exemplifies the triple blow that many emerging market countries have suffered from COVID-19: domestic slowdown caused by the disease and the efforts to contain its spread; a sharp decline in exports, particularly in […]

Nigeria Records Foreign Trade Deficit of N0.14 trillion as Crude Oil Exports Decline in Q1 2020

June 11, 2020/Cowry Asset Report  Freshly released foreign trade statistics report showed that merchandise goods worth N8.30 trillion were traded in Q1 2020, 17.94% lower than N10.12 trillion recorded in Q4 2019 (but 0.80% higher than N8.24 trillion printed in Q1 2019). Of the total goods traded, value of exports […]

Global Economy to Shrink by 5.2% in 2020 due to COVID-19-World Bank

June 11, 2020/World Bank Group Executive Summary COVID-19 has triggered a global crisis like no other-a global health crisis that, in addition to an enormous human toll, is leading to the deepest global recession since the second world war. While the ultimate growth outcome is still uncertain, and an even […]