The Dominican Republic
IMF experts have set forth crucial structural reforms to catalyze potential growth in the Dominican Republic. Central to these reforms is the transformation of the
July 12, 2023
IMF experts have set forth crucial structural reforms to catalyze potential growth in the Dominican Republic. Central to these reforms is the transformation of the
The Colombian peso surged by 3% intraday on Friday. This surge was a reaction to the currency’s innate volatility and limited liquidity. Notably, the peso
Tunisia’s annual inflation rate slightly declined for the third consecutive month, falling to 9.1% in July from 9.3% in the prior month, mainly driven by
S&P upgraded Nigeria’s outlook from negative to stable while it affirmed its B-/B rating. While the nation grapples with limited oil production and subdued revenue
Niger’s military junta halted multiple defense pacts with France, further entangling Paris’s active military engagement in the Sahel. This development comes in the wake of
Morocco is drafting a budget bill for 2024. The forthcoming bill expects an inflation rate of 3.4%, a sharp decline from the current year’s projection
Mauritius FDI inflows significantly increased by 38% YoY in Q1 2023, amounting to 7.24 bln rupees. The main driver behind this upsurge was significant investments
Fitch affirmed Gabon’s rating at B-; however, the country’s outlook was downgraded to stable from positive, mainly driven by the ongoing weaknesses in Gabon’s public
Fitch maintained Cote d’Ivoire’s rating at BB- with a stable outlook. The rating reflects the nation’s impressive growth potential, albeit offset by its high dependency
Turkmenistan has put forth a proposal for a strategic partnership in the gas sector with Uzbekistan and Tajikistan. The Turkmen foreign minister noted, “Turkmenistan possesses
Kazakhstan has inked deals with Afghanistan amounting to over USD 200 mln. These contracts are primarily commercial, with Kazakhstan committing to provide Afghanistan with grain
Russia is reportedly expecting a significant boost in energy revenues, amounting to USD 11 bln, even in the face of an oil price cap imposed
In what appears to be a retaliatory action against Russia’s strikes on its grain infrastructure, a Ukrainian drone reportedly targeted a Russian oil tanker in
On the economic front, Vietnam aims to boost GDP growth to about 9% in H2 2023, despite this year’s limitations. The government is considering measures
Vietnam’s PM, Pham Minh Chinh, underscored the importance of national food security, given the disruptions to the global supply chain. He has emphasized increasing rice
The Philippines’ annual inflation rate declined to 4.7% in July from 5.4% in June, undershooting the market expectation of 5.0%. Core consumer prices rose 6.7%
A surprising turn of events in Pakistan saw former PM Imran Khan commencing his Sunday behind bars at a maximum-security prison. Khan received a three-year
China reported a current account surplus of USD 65.3 bln in Q2 2023, a decrease from the USD 7.38 bln in the corresponding quarter of
Crude oil prices rose to USD 83 per barrel on Friday, a peak not seen in the past four months, following Saudi Arabia’s and Russia’s