May 25, 2021/IMF Mr. Ed Anderson, Chief Information Officer (CIO) and Information Technology Department Director (ITD) at the International Monetary Fund (IMF), has notified Managing Director Kristalina Georgieva of his intention to leave the IMF for personal reasons, upon expiration of his term appointment on June 10. During Mr. Anderson’s […]
Updates
May 2021 Monetary Policy Committee Update
May 25, 2021/Cowry Asset Report The MPC observed that recovery across global economies was amid widespread vaccination, easing of restrictions, reopening of economies and gradual return to international travel. However, Indian and Brazil have continued to battle high levels of infections and fatalities, resulting from mutating strains of COVID-19 virus. […]
Slow GDP Points to MPR Rate Hold
May 25, 2021/Proshare by Coronation Research Q1 2021 GDP was reported on Sunday evening and showed the growth rate at 0.51% year-on-year (y/y). This was better than the 0.11% y/y growth of Q4 but Q1 2021’s non-oil growth was actually slower than Q4 (+0.79% y/y against +1.69% y/y). Although the […]
