Day: March 24, 2023

Jamaica

In Q4 2022, Jamaica economy expanded by 3.8% YoY, marking the seventh consecutive period of growth, although slower than the 5.9% growth in the previous

Guatemala

Guatemala has reaffirmed its commitment to its long-standing alliance with Taiwan, expressing continued support for the nation just days after neighboring Honduras severed diplomatic ties

Costa Rica

Costa Rica GDP grew by 3% in Q4 2022, the slowest pace since Q1 2021, and down from the upwardly revised 3.6% expansion in the

Uganda

Uganda economy grew by 4.4% YoY in Q4 2022, a slowdown from the previous quarter’s 9.2% growth, marking the eighth consecutive quarter of growth but

Morocco

Morocco GDP grew by 0.5% YoY in Q4 2022, marking a significant slowdown from the 7.6% YoY growth reported in the same period in the

Kenya

Kenya inflation rate remained steady at a three-month high of 9.2% in March, above the central bank’s preferred range of 2.5% to 7.5%. Consumer prices

Iraq

Iraqi officials in Baghdad and their counterparts in the Kurdistan Regional Government have reached a preliminary agreement to resume oil exports from the country’s north.

Ghana

Ghana parliament has approved new tax measures to generate an additional USD 340 mln in revenue to meet requirements for an IMF USD 3 bln

Uzbekistan

Uzbekistan public debt levels reached a record high of USD 29.2 bln or 36.4% of GDP in 2022, with 90% of that debt in foreign

Belarus

Belarusian President Lukashenko has proposed an unconditional ceasefire in Ukraine with a ban on troop movements or reinforcements. Alternatively, he suggested that Russia could deploy

Ukraine

The IMF has approved a USD 15.6 bln aid package for Ukraine, marking the fund’s first-ever loan to a nation at war. The four-year loan

Russia

President Putin has approved a new foreign policy strategy to counter what Russia perceives as the West’s “dominance” in global affairs. The strategy labels the

Namibia

Vietnam central bank will cut its refinancing rate from 6% to 5.5%, effective April 3rd, to support an economy that grew slower than expected due

Sri Lanka

Sri Lanka annual inflation rate decreased for the sixth consecutive month to 50.3% in March 2023, the lowest since May 2022, from 50.6% in February,

Pakistan

Pakistan inflation rose by a record 35.37% YoY in March from 31.55% in February, mainly driven by rising taxes and energy prices, indicating the need