For decades, one question has dominated debates about finance and poverty reduction: does access to credit reduce poverty? The idea that loans can help households invest in farms, businesses, or …
Tag:
Credit
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Economy & Development
IMF Executive Board Completes the Fourth Review under the Extended Credit Facility Arrangement for Ethiopia
by NNW Bureauby NNW BureauWashington, DC: The Executive Board of the International Monetary Fund (IMF) today completed the fourth review of the 48-month Extended Credit Facility (ECF) for Ethiopia. The Board’s decision allows for an immediate disbursement …
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This paper investigates the external drivers of Cambodia’s credit cycles using a dynamic factor model. Results indicate that common global and regional factors explain over 60 percent of credit growth …