(Credit: IMF Photo/Cynthia R Matonhodze) November 12, 2024/IMFBlog By Athene Laws, Faten Saliba, Can Sever, and Luc Tucker As the rest of the world grapples with aging populations, Africa’s population is booming. By 2030, half of all new entrants into the global labor force will come from sub-Saharan Africa, requiring the creation of […]

November 12, 2024/CSL Research According to recent data from Nigeria’s Debt Management Office (DMO), the country’s total public debt in Naira terms reached N134.30 trillion (US$91.35 billion) at the end of Q2 2024. This reflects a 10.35% increase from N121.67 trillion (US$91.46 billion) in Q1 2024 and a significant 53.69% […]

(Credit: vuk8691/iStock by Getty Images) November 11, 2024/IMFBlog By Martin Grote, Mario Mansour, and Jean-François Wen The world’s governments must raise an additional $3 trillion to achieve sustainable and inclusive economic growth goals this decade. The cost in emerging markets equals 4 percent of gross domestic product—and 16 percent for low-income countries. How […]