(Photo: Chunyip Wong/iStock by Getty Images) January 31, 2023/IMFBlog By Burcu Hacibedel and Ritong Qu Corporate debt rose by more than $12 trillion in advanced and emerging economies during the pandemic as companies borrowed to strengthen their balance sheets and survive the economic shock. But steep rises in interest rates and […]

January 31, 2023/FBNQuest Research The Debt Management Office’s (DMO) latest quarterly release shows that the FG’s domestic debt service increased by NGN12bn, or 2% y/y to NGN821bn in Q3 ’22. Despite the modest rate of increase, debt-service payments during the quarter were the highest in recent times, as shown in […]

(Credit: IMF and Adobe Stock) January 31, 2023/IMFBlog By Pierre-Olivier Gourinchas The global economy is poised to slow this year, before rebounding next year. Growth will remain weak by historical standards, as the fight against inflation and Russia’s war in Ukraine weigh on activity. Despite these headwinds, the outlook is less gloomy […]