Namibia
The IMF and Surinamese authorities have reached a preliminary agreement on the second review of the nation’s economic recovery program under the EFF. Despite facing
April 28, 2023
The IMF and Surinamese authorities have reached a preliminary agreement on the second review of the nation’s economic recovery program under the EFF. Despite facing
The IMF has completed the mid-term review of Peru qualification under the Flexible Credit Line (FCL) arrangement, approved in May 2022 for approximately USD 5.3
The Nigerian Federal Executive Council has sanctioned the development of new port projects in Delta, Ondo, and Lagos states, costing a total of USD 4.7
Moody’s downgraded the long-term global scale deposit ratings of three Kenyan banks: KCB Bank Kenya Limited, Equity Bank, and Co-operative Bank of Kenya Limited, from
Ghana plans to restructure its loans to achieve USD 10.5 bln in external debt-service relief over its three-year program with the IMF. That is part
Egypt central bank held its key overnight deposit rate at an over five-year high of 18.25%, in line with expectations. This decision followed a 200
The European Bank for Reconstruction and Development (EBRD) may commence investments in six African countries – Kenya, Nigeria, Senegal, Ivory Coast, Benin, and Ghana, by
Ukrainian president Zelensky is set to attend the G7 summit in Hiroshima, Japan, following a stop in Saudi Arabia for the Arab League summit. Zelensky,
Russia GDP contracted by 1.9% YoY in the first quarter of 2023, marking a slight improvement from the 2.7% decline seen in the preceding period.
The Philippines’ central bank held its benchmark interest rate at 6.25%, signaling a pause in the tightening cycle of the past year. This decision aligns
Malaysia trade surplus dropped significantly to 12.85 bln ringgit in April, well below the market estimate of 21.3 bln and the smallest since May 2022,
S&P has maintained India long-term foreign currency and local currency debt ratings at BBB-, the lowest investment grade score, as the outlook remains stable. The
China has pledged to enhance its economic connections with Central Asia. This commitment came just before the anticipated G7 summit in Japan. In favor of