Bangladesh
The World Bank approved a $1.03bln loan package for infrastructure projects in Bangladesh and Nepal to improve regional trade. Out of the $1.03bln, $753mln will
June 29, 2022
The World Bank approved a $1.03bln loan package for infrastructure projects in Bangladesh and Nepal to improve regional trade. Out of the $1.03bln, $753mln will
According to Vietnam’s General Statistics Office, the country’s GDP expanded 7.72% YoY in Q2 2022, beating the government’s 6% to 6.5% target. Exports grew 21%
Another debt crisis is already brewing in Argentina, just two years after it exited its latest default. Investors have been reluctant to roll over maturing
Mexico’s unemployment rate decreased to 3.27% in May from 4.0% in the previous year, more than market expectations of 3.1%. Meanwhile, the economically active population
The World Bank will double its funding to $6.2bln to support educational reforms in the Western and Central African region by 2025.
Germany will provide a $170mln loan package to support economic development in Namibia. The loans will be used to fund the Namibia Water Sector Support
The AfDB will provide a $125.2mln loan package to address Tanzania’s water shortages in three districts in the Dodoma region. So far, the AfDB has
Germany will provide an additional $317mln to the $8.5bln climate finance deal offered to South Africa to transition away from coal. The initial $8.5bln was
Serbia’s Debt Management Agency announced that it will only offer Serbian dinar-denominated debt for Q3 2022. The agency had offered euro-denominated bonds in local auctions every
Tajikistan’s energy minister confirmed that an agreement was reached between his country and Kazakhstan to export energy from the Rogun dam. In May, Uzbekistan announced that
The IMF said the war in Ukraine and the high inflationary environment pose new challenges to the country, which saw the IMF lower its growth
Russia’s reliance on foreign software to run its factories, farms and oil fields is turning into one of the biggest problems for the domestic industry
On Tuesday, Russia vowed that its assault on Ukraine would continue until the country surrenders. President Putin said that Ukraine’s forces’ only option was to
Pakistan’s PM said the IMF combined its seventh and eighth installments of the country’s EFF arrangement and will disburse around $1.9bln in the coming days.
India’s central bank will roll over some of its foreign exchange derivative contracts as it seeks to slow the pace of the rupee’s decline. The
China reduced quarantine times for inbound travelers to seven days from fourteen days, the biggest shift in the country’s Covid-19 zero policy. On Monday, China
Sri Lanka’s government approved a proposal allowing foreign oil-producing companies to import oil and start retail operations in the country. Sri Lanka’s GDP contracted 1.6%
NATO moved one step closer to bolstering its eastern front with Russia after turkey dropped its opposition to Sweden’s and Finland’s bids to join the