Day: March 28, 2023

Georgia

Paraguay annual inflation rate fell for a fourth consecutive month to 6.4% in March, the lowest since September 2021, due to a deceleration in energy

Bolivia

Bolivia finance minister noted that the country’s central bank is rebuilding its international reserves to address a “transitory” liquidity problem. The minister did not disclose

Argentina

Argentina monthly inflation rate increased to 7.7% in March, higher than the market expectation of 7.1% and up from 6.6% in the previous month. That

Sudan

Violence has broken out in Sudan as the army clashes with a rival paramilitary group for the second day, resulting in at least 61 fatalities

Nigeria

Nigeria annual inflation rate increased to 22% YoY in March, surpassing the central bank’s 9% ceiling for almost eight years. This development is expected to

Namibia

Namibia GDP expanded by 1.9% YoY in Q4 2022, slower than the downwardly revised 3.9% rise in the previous quarter. That marks the weakest growth

Ghana

Ghana is close to the approval of its USD 3 bln IMF program by satisfying most of the requirements. The IMF demands that Ghana reduces

Egypt

The IMF is delaying the first review of Egypt USD 3 bln bailout program until additional reforms are enacted, according to anonymous sources. The fund

Botswana

Botswana annual inflation rate rose 9.9% in March, up from 9.1% in February, mainly driven by a rise in food and transportation prices. Consumer prices

Azerbaijan

Azerbaijan foreign trade surplus declined to USD 3.07 bln, a decrease from USD 3.85 bln in the previous year. Notably, the country’s non-oil and non-natural

Russia

President Putin praised military cooperation between Russia and China during a meeting with China’s defense minister, highlighting joint maneuvers and intelligence sharing in Europe and

Pakistan

Pakistan is set to receive a USD 1 bln loan from the UAE, bringing the country closer to finalizing a deal with the IMF to

China

Top diplomats from the G7 nations will focus on tensions with China when they meet in Japan, according to a US senior State Department official.