Georgia
The Argentinian peso tumbled to another record low on the parallel markets. The exchange rate offered on the black market, known locally as the ‘the
July 21, 2022
The Argentinian peso tumbled to another record low on the parallel markets. The exchange rate offered on the black market, known locally as the ‘the
After meeting on Monday, Zambia’s bilateral creditors agreed to release a statement on the ongoing talks to restructure the country’s $17.3bln foreign debt to permit
Kenyan president contender William Ruto ruled out restructuring the nation’s debt if he wins next month’s election, the opposite of what his main rival plans
The Ghanian government approved a $750mln loan package from the African Export-Import Bank for its 2022 budget. In addition, lawmakers are assessing another syndicated loan
According to Bloomberg, Angolan and Gabonese sovereign bonds are trading at distressed levels, raising the number of emerging-market nations at risk of default to a
The leaders of Kyrgyzstan, Turkmenistan, Uzbekistan, Tajikistan, and Kazakhstan started a 22-day meeting to discuss their economic and political cooperation following the recent unrest and
The World Bank approved a new country partnership framework with Bosnia and Herzegovina for the next five years which includes loans totaling $750mln. The framework
Following Ukraine’s announcement to seek a two-year debt repayment freeze, the Paris Club of creditors said it backed the proposal and would suspend Ukraine’s debt service obligations
The EC proposed a voluntary 15% cut in natural gas use by EU member states starting next month up to the end of March 2023
Russia started the season exporting wheat at almost twice the speed of last year. According to Interfax, the country has shipped 1.2mln tons of grain in
Ranil Wickremesinghe was voted in as Sri Lanka’s president backed by a majority of lawmakers from the ousted leader Gotabaya Rajapaksa’s party, a development that
The IMF is looking to assess Saudi Arabia’s commitment to financing as much as $4bln to Pakistan before the IMF disburses fresh funds to the
China’s yield curve reached its steepest level in two years as a combination of flush liquidity and speculation that the central bank will keep monetary policy