March 3, 2022/IMF The WAEMU region has so far demonstrated strong resilience to the Covid crisis, and the economy is recovering on the back of supportive fiscal and monetary policies. Growth is projected to accelerate this year, mostly driven by a rebound in net exports. But there are important downside […]
Updates
IMF Announces the Release of a New Database on Special Purpose Entities (SPEs)
March 3, 2022/IMF The International Monetary Fund (IMF) released a new international database on the cross-border flows and positions of Special Purpose Entities (SPEs), entities set up in countries of convenience and low-tax jurisdictions. The database: for the first time, is based on a common methodology , including an internationally […]
Gross Official Reserves Declined by $175m to $39.9bn in February 2022
March 3, 2022/Proshare by FBNQuest Research Our chart today shows that Nigeria’s gross official reserves declined by USD175m to c.USD39.9bn in February. The latest decline follows four months of attrition, after over USD7bn boost from international debt issuance and the IMF’s SDR allocation in Q3 ’21. The gross reserves are […]
