April 23, 2020/Fitch Ratings Suspension of sovereign debt payments owed to multilateral development banks (MDBs) would be negative for MDB ratings unless they were fully compensated by their shareholders, Fitch Ratings says. The G20 and Paris Club called for MDBs to ‘explore the options for suspension of debt service payments’ […]
OPINION/EDITORIAL
Unparalleled Global Recession Underway-Fitch
April 23, 2020/Fitch Ratings Fitch Ratings has made further large cuts to global GDP forecasts in its latest Global Economic Outlook (GEO) in response to coronavirus-related lockdown extensions and incoming data flows. “World GDP is now expected to fall by 3.9% in 2020, a recession of unprecedented depth in the […]
President Akinwunmi Adesina’s Transition to his Second Term must be smooth to deliver his Covid-19 commitments to Africa
OPINION PIECE There have been several calls for mediation between President Adesina and his critics, in the interest of a smooth re-election process and transition at the African Development Bank April 23, 2020 By Dr. Patricia Laverley This article is intended to highlight the recent achievements of the African Development […]
