Armenia
Armenia’s GDP growth expanded by 10.2% in the first five months of this year. GDP growth increased 13% in May 2022 compared to the same
June 27, 2022
Armenia’s GDP growth expanded by 10.2% in the first five months of this year. GDP growth increased 13% in May 2022 compared to the same
On Friday, the IMF completed the first review of its $44bln EFF arrangement for Argentina and approved to disburse $4bln to the country, its biggest
The AfDB approved a €39.6mln loan to Cameroon to improve road access to the industrial and port areas of Kribi. The €39.6mln loan will complement
The IMF concluded its first review of the SDR 324mln EFF arrangement for the Republic of Congo, which was approved on 21 January. The IMF
The World Bank will provide $715mln in grants and loans to Ethiopia. Out of the $715mln, $400mln will be in the form of credit, $200mln
Lebanon’s inflation rate surged to 211% in May. The central bank noted that the smuggling of imported products and the emergence of a black market
The EBRD will provide a €300mln loan to Moldova to buy gas on EU hubs. Two tranches will be disbursed: €200mln for emergency use in
In local data prints, Azerbaijan’s GDP growth increased by 7.2% in the first five months of this year. The country’s deputy economy minister noted that
The UK, the US, Japan and Canada will ban new gold imports from Russia. The measure will apply to gold leaving Russia for the first
Russia defaulted on its foreign currency sovereign debt as western sanctions shut down payment routes to overseas creditors. A grace period on about $100mln of
The ADB approved $150mln loans to help Fiji recover from the Covid-19 pandemic and build resilience against climate risks. The $150mln loans are composed of
The IMF will provide a $1bln loan to help Pakistan avert a potential default and pave the way for more aid from other multilateral institutions.
Philippine’s central bank said that it will let the market determine the peso’s value against the USD, and will only intervene to curb volatility. The
Sri Lanka’s central bank reduced the limit of foreign currency possession by an individual from $15,000 to $10,000, in a desperate move to shore up