(Credit: wsfurlan/iStock by Getty Images) October 9, 2025/IMFBlog At 15 percent, Brazil’s monetary policy interest rate (called Selic) is one of the highest among major economies. Yet in 2024, bank credit grew by 11.5 percent and corporate bond issuance rose by 30 percent. This credit expansion—in the face of high […]

October 9, 2025 By Blaise Udunze The latest World Bank Nigeria Development Update delivers a chilling verdict, as 139 million Nigerians, over half of the nation’s population, are said to be living in poverty. The report, titled “From Policy to People: Bringing the Reform Gains Home,” praises Nigeria’s bold macroeconomic […]

(Credit: Jenson/iStock by Getty Images)  October 8, 2025/IMFBlog By Era Dabla-Norris, Davide Furceri, Zsuzsa Munkacsi, Galen Sher Over the past two decades, Rwanda achieved remarkable progress. Nearly every household now has access to mobile phones and primary education. More than half the population has electricity, and one in five has […]