April 16, 2020/IMFBlog By Alejandro Werner As of today, about 3,000 people have died from the COVID-19 virus in Latin America and the Caribbean. While the pandemic continues to spread across the region, countries are facing the worst economic recession since countries started producing national accounts statistics in the 1950s. […]
OPINION/EDITORIAL
CBN Intervention: Playing to the Gallery or Serious Business?
Culled—Proshare April 16, 2020 by CSL Research Earlier this week, the governor of the Central Bank of Nigeria (CBN) announced certain policies it plans to implement in the immediate, short and medium term to reposition the Nigerian economy as soon as possible while preventing a prolonged recession. Our searchlight beams […]
Decline in the FGN’s External Debt Service
Culled—Proshare April 16, 2020 By FBNQuest Research Total debt service on the FGN’s external obligations amounted to US$1.33bn in 2019 including US$250m in the fourth quarter. (Payments were considerably higher the previous year because the FGN declined to refinance a sovereign Eurobond that matured in Q3 2018.) In normal […]

