Colombia
Colombia inflation rate eased to 12.82% YoY in April, down from the prior month’s 24-year high of 13.34%, falling below market expectations of 12.96%, mainly
April 19, 2023
Colombia inflation rate eased to 12.82% YoY in April, down from the prior month’s 24-year high of 13.34%, falling below market expectations of 12.96%, mainly
Bolivian bonds surged after the Senate approved a bill allowing the government to monetize its gold reserves, addressing the USD shortage, and alleviating the financial
Tunisia’s annual inflation rate marginally eased to 10.1% in April, compared to 10.3% in March and 10.4% in February, mainly driven by a slowdown in
Nigeria debt is set to increase by 50% as parliament approved president Buhari’s request to convert 22.7 tln naira (USD 49 bln) of central bank
Kenya maintains optimism regarding continued support from the IMF, as its chief praised the nation’s economic recovery plan. The IMF is anticipated to disburse USD
Fitch downgraded Egypt rating to B from B+, with a negative outlook, for the first time in a decade, citing currency devaluations and insufficient reforms.
In data from the Caucasus, Georgia FX reserves reached USD 5.13 bln in April, according to the nation’s central bank, up from approximately USD 5
Albania central bank held rates last week at 3.0%. Inflation continued to slow, reaching 5.3% YoY in March, down from 6.8% YoY in February, and
Yevgeny Prigozhin, the leader of the Wagner mercenary group, threatened to withdraw his troops from Bakhmut by May 10th. The eastern Ukrainian town has experienced
The Philippines’ annual inflation rate fell to 6.6% YoY in April from 7.6% in the previous month, marking the lowest level since August 2022, with
According to Fitch, Pakistan faces USD 3.7 bln in upcoming debt payments, pressuring the government to obtain an IMF bailout. With USD 700 mln due
Indonesia economy contracted by 0.92% QoQ in Q1 2023, reversing the 0.36% growth in Q4 2022. That marked the first economic contraction since Q1 2022,
The IMF warned of risks to the Bangladesh’s economy, including inflation, growth, and falling FX reserves, as it concluded its mission under the USD 4.7
The Taliban, China, and Pakistan agreed to extend the Belt and Road Initiative to Afghanistan, potentially attracting billions in infrastructure investment. Chinese Foreign Minister Qin