(Photo: IMF) September 21, 2022/IMFBlog By Habtamu Fuje and Jiaxiong Yao Many economies in sub-Saharan Africa grew at a record pace before the pandemic. Ethiopia and Rwanda, for example, saw some of the fastest expansions in the world—an average of more than 7.5 percent per year over the past two decades. However, […]

September 21, 2022/Hill+Knowlton Strategies  The net-zero carbon emissions ambition of world leaders is accelerating the global shift away from hydrocarbon-based energy sources and towards renewables. Many governments are making sustainable investments a strategic thrust and are using policies and incentives to drive innovation in renewable energy technologies. As a result, […]

Carli Jeen/Unsplash IMF COUNTRY FOCUS September 21, 2022/IMF By Yorbol Yakshilikov Remittances—the money sent from citizens working abroad to families back home—are a crucial source of income in Central America, Panama, and the Dominican Republic (CAPDR) as well as Mexico. Despite an expected decline at the onset of the pandemic, remittances […]