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Iran's COVID-19 Pandemic Response: Mission Critical | Middle East Institute

Electoral “engineering” propelled Ebrahim Raisi to the presidency and further entrenched conservative rule in Iran. But the Islamic Republic’s eighth president, who campaigned on a populist agenda and officially took office on August 3, has inherited three intersecting challenges: a public health emergency, a sanctions-stricken economy, and a crisis of public confidence in government. Of the three, the COVID-19 pandemic demands the most urgent attention, as the country is experiencing is most devastating wave yet of the virus. However, the Iranian government’s mismanagement of the pandemic response to date, which has contributed to unnecessary loss of life and hardship, suggests that it may be many months before the coronavirus is contained. ....

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Zimbabwe Central Bank current account strengthening

Zimbabwe Central Bank current account strengthening
thezimbabwemail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thezimbabwemail.com Daily Mail and Mail on Sunday newspapers.

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IMF Raises Nigeria's 2021 GDP Growth Forecast to 2.5%

Obinna Chima
The International Monetary Fund (IMF) has revised upward its growth forecast for the Nigerian economy in 2021 from one per cent it had predicted in January to 2.5 per cent.
IMF, in its latest World Economic Outlook titled: “Managing Divergent Recoveries,” that was released yesterday, however, expects a 2.3 per cent economic growth for the country in 2022.
For Sub-Saharan Africa generally, the IMF also anticipated growth of 3.4 per cent this year, higher than its earlier forecast of 0.2 per cent.
“The pandemic continues to exact a large toll on Sub-Saharan Africa (especially, for example, Ghana, Kenya, Nigeria, South Africa). Following the largest contraction ever for the region (1.9 per cent in 2020), growth is expected to rebound to 3.4 per cent in 2021, significantly lower than the trend anticipated before the pandemic. Tourism-reliant economies will likely be the most affected,” the IMF said. ....

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IMF Predicts 2.5% GDP Growth for Nigeria in 2021

Obinna Chima
The International Monetary Fund (IMF) has projected growth of 2.5 percent for Nigeria in 2021, higher than the one per cent it had predicted for the country in January this year.
The multilateral institution disclosed this in its latest World Economic Outlook titled: “Managing Divergent Recoveries,” that was released Tuesday.
It however expects a 2.3 per cent economic growth for the country in 2022.
For Sub-Saharan Africa generally, the IMF also anticipated a growth of 3.4 per cent this year, higher than the 0.2 per cent in its earlier forecast.
“The pandemic continues to exact a large toll on sub-Saharan Africa (especially, for example, Ghana, Kenya, Nigeria, South Africa). Following the largest contraction ever for the region (–1.9 per cent in 2020), growth is expected to rebound to 3.4 per cent in 2021, significantly lower than the trend anticipated before the pandemic. Tourism-reliant economies will likely be the most affected,” the I ....

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IMF raises GDP forecast for Taiwan to 4.7 percent

IMF raises GDP forecast for Taiwan to 4.7 percent
COMPARISONS:
The economies of South Korea, Hong Kong and Singapore are this year predicted to increase by 3.6 percent, 4.3 percent and 5.2 percent respectively
Staff writer, with CNA, WASHINGTON
The IMF has raised its forecast for Taiwan’s GDP growth this year to 4.7 percent, up 1.5 percentage points from its most recent estimate late last year.
In the IMF’s World Economic Outlook report issued on Tuesday, titled “Managing Divergent Recoveries,” IMF chief economist Gita Gopinath wrote that despite continued uncertainty around the COVID-19 pandemic, economies around the world have shown a “stronger than anticipated rebound.” ....

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