Honduras
The IMF concluded its Article IV for Honduras, highlighting that while the country’s economic recovery has been remarkable, social conditions remain fragile, and downside risks
May 26, 2023
The IMF concluded its Article IV for Honduras, highlighting that while the country’s economic recovery has been remarkable, social conditions remain fragile, and downside risks
The World Bank has approved a USD 500 mln loan to Costa Rica to strengthen support for the government’s budget. This aid will support post-pandemic
Argentina central bank maintained its Leliq interest rate at a record high of 97%, despite a slight slowdown in monthly inflation. This year, the benchmark
Tunisia central bank maintained its key interest rate at 8%, aiming to support a decline in inflation to sustainable levels as the government negotiates a
Tanzania central bank will switch to a target interest-rate framework for guiding monetary policy from the second half of the 2023-24 fiscal year, replacing the
Morgan Stanley has retracted its bullish stance on Nigeria bonds, claiming they have become too expensive after rallying on the actions of newly elected president
Kenya is considering options, including a potential buyback of part of a USD 2 bln bond due next year. A buyback would allow Kenya to
African leaders met with president Putin to mediate an end to Russia’s war in Ukraine. Although half of Africa’s nations voted in favor of UN
Jordan annual inflation rate decreased for the third consecutive month to 1.97% in May from 2.93% in April, a two-year low mainly driven by falling
Meanwhile, Russian president Putin announced that the country had sent its first tactical nuclear weapons to ally Belarus. The move came three months after Putin’s
Russia GDP contracted by 1.8% YoY in Q1 2023, marking the fourth consecutive quarterly contraction and easing from the 2.7% decline in the previous quarter,
Vietnam central bank is preparing to initiate a fourth round of monetary policy easing to stimulate an economy faltering due to a slump in exports
Pakistan has received USD 1 bln from its ally China to bolster its critically low FX reserves. That comes amid stalled negotiations for reviving an
US secretary of state Anthony Blinken met with China foreign minister, Qin Gang, for extensive dialogue, signaling potential tension relief between the nations. Both sides
Responding to the IMF’s demands, Bangladesh’s central bank announced it would float the local currency to access more of its USD 4.7 bln loan program.