Credit: FerreiraSilva/iStock by Getty Images Economic Growth October 13, 2022/IMFBlog Santiago Acosta-Ormaechea, Gustavo Adler, Ilan Goldfajn, Anna Ivanova Growth momentum continues but scarcer and costlier financing will slow the region’s economies, while inflation remains high. Policy priorities are to restore price stability and maintain fiscal sustainability while protecting vulnerable groups […]
OPINION/EDITORIAL
Asia Sails Into Headwinds From Rate Hikes, War, and China Slowdown
Credit: Markus Winkler/iStock by Getty Images REGIONAL ECONOMICS October 13, 2022/IMFBlog Krishna Srinivasan , Shanaka J. Peiris Asia’s strong economic rebound early this year is losing momentum, with a weaker-than-expected second quarter. We have cut growth forecasts for Asia and the Pacific to 4 percent this year and 4.3 percent […]
Gross Official Reserves Declined by USD772m to USD38.2bn in September 2022
October 13, 2022/FBNQuest Research Data from the central bank of Nigeria (CBN) shows that Nigeria’s gross official reserves declined for the second consecutive month by around -USD772m to USD38.2bn in September. The decrease is the most significant since May, when gross official reserves dropped by almost -USD1.1bn. As such, some […]
