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Author/Editor: International Monetary Fund. African Dept. Publication Date: February 8, 2021 Electronic Access: Free Download. Use the free Adobe Acrobat Reader

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Summary: The Nigerian economy is at a critical juncture. A weak pre-crisis economy characterized by falling per capita income, double-digit inflation, significant governance vulnerabilities and limited buffers, is grappling with multiple shocks from the COVID-19 pandemic. Real output is projected to contract by 3.2 percent in 2020, with a weak recovery likely to keep per capita income stagnant and no higher than the 2010 level in the medium term. Policy adjustment and reforms are urgently neede...

Summary: After a long period of uninterrupted growth, Poland is experiencing a pandemic-induced recession, though strong policy actions have limited the damage. The economy rebounded strongly in the third quarter of 2020, but the second wave of the virus has delayed the recovery. A strong and effective policy response has supported economic activity and prevented destructive losses of employment and bankruptcies. Following the recession in 2020, Poland is well positioned for recovery. The pande...

The IMF Executive Board approved, on March 23, 2020, a 39-month Extended Credit Facility (ECF) arrangement in the amount of SDR 35 million (56.3 percent of quota) for The Gambia. The Gambia benefited from a Rapid Credit Facility (RCF) disbursement of SDR 15.55 million (25 percent of quota) approved on April 15, 2020 and is receiving debt service relief under the Catastrophe Containment and Relief Trust (CCRT) expected to total SDR 7.9 million (SDR 4.2 million of which has already been approved),...

The Bahamas : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Bahamas News Provided By Share This Article Summary: The economic impact of COVID-19 on The Bahamas is unprecedented. The archipelago was just recovering from the devastation of Hurricane Dorian in the fall of 2019, when the pandemic led to a sudden stop in tourism, the main source of income and employment. The authorities mounted a rapid emergency response to support the econ...

Language Arts Subject Center For more lesson ideas and many additional resources, be sure to visit Education Worlds Language Arts Subject Center.   Ray Saitz, a teacher/librarian and facilitator of information technology at Clarke High School in Newcastle, Ontario, put his 15 years of English teaching experience to work in creating a haven of resources for educators like himself. He is becoming a "wired librarian," and his Web site, Outta Rays Head, is his niche and off...

Author/Editor: International Monetary Fund. African Dept. Publication Date: January 22, 2021 Electronic Access: Free Download. Use the free Adobe Acrobat Reader

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Author/Editor: International Monetary Fund. Fiscal Affairs Dept. Publication Date: January 7, 2021 Electronic Access: Free Download. Use the free Adobe Acrobat