Jamaica
Jamaica central bank kept its benchmark interest rate steady at 7.0%. The bank noted that there were positive developments in the economic data, including continued
March 22, 2023
Jamaica central bank kept its benchmark interest rate steady at 7.0%. The bank noted that there were positive developments in the economic data, including continued
Colombia and Peru are considering re-joining a World Bank program that issues bonds to cover natural disaster claims, as renewed investor interest follows the bank’s
In Q4 2022, Argentina recorded a current account surplus of USD 1.7 bln, the largest surplus since Q3 2021 and up from USD 291 million
Zambian finance minister Musokotwane announced that Zambia’s economy is expected to grow 5.4% in 2023, surpassing the previous budget target of 4%, mainly driven by
Namibia economy grew by 4.6% last year, up from 3.5% in 2021, with improved performance in all primary, secondary, and tertiary industries. The primary industry,
Mozambique central bank held its key benchmark interest rate at 17.25%, citing single-digit inflation expectations. However, the bank acknowledged that inflation risks had increased due
Kenya central bank surprised markets by raising its benchmark interest rate to 9.5%, a 75 bps increase, the highest level since mid-2018. Policymakers cited sustained
Zenith Bank, Nigeria largest lender by market value, announced that it had set aside USD 267 mln to account for its bond holdings in Ghana
The IMF has announced emergency funding of USD 80.77 mln to Burkina Faso from its new food shock window to address urgent balance-of-payments needs and
According to a recent Fitch report, there has been a marked increase in the number of default events among sovereigns, with 14 defaults across nine
Kazakhstan filed a claim against the Kashagan oil venture for environmental protection fines worth around $5.1 billion, according to the Ecology and Natural Resources. The
Georgia central bank decided to keep its rates on hold at 11%. The bank has noted that while inflation remains high, it is on a
Azerbaijan central bank increased its interest rate by 25 bps to 8.75%. Inflation in Azerbaijan has also slowed from its peak of 15.6% in September
Ukraine has invited China’s president Xi to visit Kyiv. President Zelensky stated in an interview with AP that he is willing to meet president Xi
Flash data showed that Vietnam economy expanded 3.32% YoY in Q1 2023, marking the sixth consecutive period of growth but the weakest pace since Q3
Thailand central bank increased its key interest rate by 25 bps to 1.75%, in line with expectations, citing economic growth and inflation outlook. The economy