Colombia
The Colombian economy expanded by 3.0% YoY in February, a slowdown from the previous month’s upwardly revised growth of 5.9%, mainly driven by a softer
March 30, 2023
The Colombian economy expanded by 3.0% YoY in February, a slowdown from the previous month’s upwardly revised growth of 5.9%, mainly driven by a softer
Bolivia is currently in talks with Corporation Andina de Fomento (CAF) to find ways to meet its financing needs this year. Bolivia’s finance minister has
Argentina peso tumbled by 4.2% in the parallel exchange market on Tuesday, the most this year, due to surging inflation in March and uncertainty over
S&P has not given positive credit outlooks for most Latin American nations in 2023 due to the challenge of stimulating economic growth. Argentina requires swift
Uganda economy grew at a higher rate of 6.8% in the first half of FY23, almost double that of the previous year. However, the country’s
The financing of the Nigerian government’s fiscal deficit by the central bank is impeding the effectiveness of its phase of monetary tightening since 2011. As
Kenya plans to return to international capital markets to refinance a USD 2 bln Eurobond maturing in June 2024, seeking arrangers to access the markets
Gambia inflation rate rose to 14.8% YoY in March from 13.6% in February, mainly driven by rising food, electricity, and transportation prices. Separately, Somalia’s inflation
Iran president, Ebrahim Raisi, reiterated threats against Israel on Tuesday during the country’s annual Army Day but avoided criticizing Saudi Arabia as Tehran seeks a
Azerbaijan finance ministry has released a press release on the execution of the Q1 2023 budget. According to the report, the country had a cash
The G7 released a communique yesterday after its meeting in which it vowed to support Ukraine “for as long as it takes” in its fight
Putin visited Russian troops in Kherson and Luhansk, two regions of Ukraine that Russia has illegally annexed. It was Putin’s second public visit to the
Sri Lanka cabinet of ministers has approved seeking parliamentary approval for a USD 2.9 bln IMF program signed in March. Additionally, the cabinet approved the
Myanmar trade with foreign countries rose 12% to USD 33.9 bln in the fiscal year ending March 31 compared to the previous year. Exports increased
Indonesia central bank held its benchmark interest rate at 5.75%. The bank believes the current interest rates are adequate in keeping core inflation within the
China defense ministry stated that the militaries of China and Russia have agreed to maintain high-level communications and expand cooperation. After meeting with his Russian