Colombia
According to Colombia finance ministry, the country plans to raise its 2023 deficit target as oil prices, its primary export, trend lower. The nation is
April 17, 2023
According to Colombia finance ministry, the country plans to raise its 2023 deficit target as oil prices, its primary export, trend lower. The nation is
The Biden administration would support expediting disbursements from Argentina USD 44 bln IMF program if the country’s authorities can negotiate a new schedule with the
The IMF is nearing the completion of a financial arrangement that may enable Tunisia to secure a USD 1.9 bln rescue package, contingent on additional
Morocco unemployment rate rose to 12.9% in Q1 2023, its highest since Q3 2001, up from 12.1% a year earlier. The number of unemployed increased
Kenya economy expanded by 3.8% in Q4 2023, down from a revised 4.3% in the prior quarter. In 2022, Kenya’s GDP growth slowed to 4.8%,
The Ghanaian cedi is projected to fall 30% against the US dollar in 2023, according to the Economist Intelligence Unit (EIU) forecast. The cedi weakened
Morgan Stanley advises investors to buy selective junk-rated sovereign bonds in emerging markets, such as Angola, Nigeria, Mozambique, Ghana, Ecuador, and Ukraine, as the Fed
In other CIS news, the European Commission completed the disbursement of a EUR 50 mln second tranche of Macro-Financial Assistance totaling EUR 150 mln to
Inflation in Georgia was significantly low, recording 2.7% YoY and 0.7% MoM, below the central bank’s 3% target and the lowest rate since December 2020,
Azerbaijan central bank raised interest rates by 25 bps to 9% in response to increasing inflation, which reached 13.6% YoY in March. The central bank
Russia announced intercepting two drones headed for Putin’s residence while the president was not in the building. The Kremlin stated it has the right to
The Philippines manufacturing PMI fell to 51.4 in April, its lowest in eight months but still marking the fifteenth consecutive month of improvement in manufacturing
Malaysia central bank raised its key overnight policy rate by 25 basis points to 3.0%, the first increase since November and the highest level since
The Taliban’s top diplomat will meet with his Chinese counterpart in Pakistan to discuss extending the China-Pakistan Economic Corridor to Afghanistan. The Taliban government is