Georgia
Paraguay is reportedly planning a USD 500 mln global bond issuance in late June or early July, according to deputy finance minister Roberto Mernes. This
May 9, 2023
Paraguay is reportedly planning a USD 500 mln global bond issuance in late June or early July, according to deputy finance minister Roberto Mernes. This
Costa Rica finance minister, Nogui Acosta, cautions about economic hurdles resulting from rising interest rates and currency appreciation, which may impinge on corporate profits. Despite
The South African rand hit a record low, trading at approximately 19.7 per USD, mainly due to fears over the country’s ties with Russia and
Nigeria USD bonds witnessed a surge after president Bola Tinubu announced the termination of the country’s USD 10 bln fuel-subsidy scheme and a single exchange
The World Bank approved a USD 1 bln loan for Kenya to bolster its economy. This funding supplements the additional support announced by the IMF.
The IMF and Guinea Bissau have agreed on terms that could support the second review of the ECF program, subject to IMF Executive Board approval.
The European Union’s reconciliation efforts between the Serbian and Albanian communities in Kosovo are being disrupted by escalating violence in the north, necessitating the intervention
Kyrgyzstan central bank held its benchmark interest rate steady at 13%, considering controlled inflation and consistent GDP growth recovery. As of mid-May, the annual inflation
Azerbaijan finance ministry announced plans to revise the state budget based on a USD 60 per barrel oil price, a rise from the previous USD
Russia reported intercepting eight drones targeting Moscow, marking the gravest attack on the capital since Ukraine’s invasion. The defense ministry attributed the assault to Ukraine.
Thailand trade deficit dropped to USD 1.47 bln in April, a decrease from USD 1.91 bln a year prior. Imports dipped 7.3% YoY to a
Sri Lanka and India extended their USD 1 bln credit agreement for essential goods imports, as announced by Sri Lanka’s junior finance minister Shehan Semasinghe.
Moody’s downgraded Bangladesh rating to B1 from Ba3 due to persistent external vulnerability and liquidity risks. Persistent USD scarcity and deteriorating FX reserves suggest continuing