Honduras
The IMF agreed on a 36-month ECF and EFF with Honduras on August 11, worth approximately USD 830 mln, to support economic reform policies and
July 25, 2023
The IMF agreed on a 36-month ECF and EFF with Honduras on August 11, worth approximately USD 830 mln, to support economic reform policies and
Guatemalan presidential candidate Bernardo Arevalo is expected to win the August 20 runoff election with 61% of the valid votes, followed by ex-first lady Sandra
Colombian president Petro expressed interest to revisit the FTA established with the US in 2012, citing negative impacts on Colombia’s production and job market and
Tunisia’s economy grew by 0.6% YoY in Q2 2023, a decline from the adjusted 1.9% expansion observed in the prior quarter. Since Q1 2021, the
South Africa’s central bank, citing potential inflation risks, may consider raising interest rates again. The MPC left the policy benchmark at 8.25% in its last
Rwanda’s central bank increased its key interest rate by 50 bps to 7.5%, a jump from the 7% maintained in May and marking the second
The Nigerian National Petroleum Corporation Ltd. (NNPCL) has inked a USD 3 bln agreement with Afreximbank to boost FX reserves. Contrary to being a crude-for-refined
Kenya is collaborating with the World Bank and the EU to expand its Hustler Fund, which currently offers affordable credit to over 20 mln impoverished
Egypt is set to sign an accord permitting the IFC to issue bonds in Egyptian pounds overseas. This move aims to augment IFC’s investment ventures
Jordan’s annual inflation rate declined for five consecutive months, reaching 0.9% in July 2023, a dip from June’s 1.2%, influenced by falling prices in various
Uzbekistan has disclosed details about its public debt portfolio, revealing a rise in foreign debt by nearly 10% last year, amounting to about 32% of
Mongolia’s national statistics office reported a GDP growth of 6.4% for H1 2023. The mining industry emerged as the principal contributor to this GDP growth,
The top international envoy to Bosnia-Herzegovina accused the Serb leader of playing into the hands of Putin, who he says is exploiting the Balkan nation’s
According to Vedemosti reports, Russian authorities opted not to tighten capital controls following a meeting between Putin and financial and economic officials. However, an informal
The Philippines’ central bank held its benchmark interest rate at 6.25% for the third consecutive meeting. July saw the country’s headline inflation rate drop to
While Pakistan’s focus on conserving its USD reserves has ensured currency stability, it has taken a toll on domestic and foreign enterprises. The grip on
A study from India’s central bank reveals that non-bank investors, including insurance companies and pension funds, purchased most government bonds issued post-pandemic. These investors acquired
Chinese authorities have directed state-owned banks to enhance their intervention in the currency market to mitigate recent volatility in the local currency. Officials are also