Peru
Peru economy returned to expansion in March following two months of decline, albeit growth was significantly lower than predicted. Economic activity increased by 0.22% YoY.
April 25, 2023
Peru economy returned to expansion in March following two months of decline, albeit growth was significantly lower than predicted. Economic activity increased by 0.22% YoY.
The Colombian economy underperformed in Q1 2023, hindered by the largest-ever interest rate hikes, which curtailed investment. The GDP grew by 3% YoY in Q1
Inflation in Nigeria climbed for the fourth consecutive month in April, with consumer prices surging to an annual 22.2% – the highest since September 2005.
Kenyan president Ruto has appointed Kamau Thugge, a former senior economist at the IMF, as the governor of the country’s central bank. Thugge’s immediate task
Guinea-Bissau will showcase its ongoing economic reforms to an IMF mission on Wednesday. The fund’s visit aims to unlock a USD 3.16 mln disbursement from
Ghana cedi and Eurobonds advanced as the nation anticipates a USD 3 bln IMF bailout this week. The first disbursement of USD 600 mln is
Botswana inflation moderated to 7.9% in April, down from 9.9% in the previous month, marking the lowest figure since May 2021, mainly due to an
The Islamic Development Bank has planned to allocate USD 450 mln to Tajikistan, designated for priority projects. These include green energy initiatives like the Rogun
Serbia president, Vucic, has indicated the possibility of conducting early parliamentary elections by September of this year at the latest. He is expected to provide
Georgia trade deficit contracted to USD 592 mln in April, down from USD 714 mln in March, with foreign trade turnover witnessing a 20% YoY
Belarus’ foreign minister undertook a three-day trip to Moscow yesterday. This visit coincides with rumors surrounding president Lukashenko’s absence from the public eye since May
Ukraine army has proclaimed its advance in Bakhmut as the “first success” in the defense of the city, amid an ongoing conflict. Meanwhile, president Zelensky
Sri Lanka is advancing in its debt negotiations and is expected to conclude talks by the first IMF review in September. The IMF officials lauded
Indonesia trade surplus sharply contracted to USD 3.94 bln in April, down from USD 7.56 bln in the same period a year earlier. Exports plummeted
As China reopens, global investors are gaining a new strategic tool: onshore interest-rate swaps. This Swap Connect program, between mainland China and Hong Kong, facilitates