Jamaica
The IMF approved a disbursement of around USD 866 mln for Jamaica as part of two loan programs to support its economy. The country has
August 11, 2023
The IMF approved a disbursement of around USD 866 mln for Jamaica as part of two loan programs to support its economy. The country has
Costa Rica’s fiscal deficit grew to 1.3% of GDP in July, compared to 1.1% in the same month last year. The primary surplus also narrowed
The Association of Private Banks of Bolivia (Asoban) reported that from January to June of this year, 66% of the deposits that exited the banking
South Africa’s economy saw a better-than-expected growth of 0.6% in Q2 2023, following a 0.4% expansion in the previous quarter. That was partly due to
Niger’s ruling junta is in talks with France for the rapid withdrawal of French troops after ending a military cooperation agreement with its former colonial
Ghana’s S&P Global PMI climbed to 51.9 in August 2023, its highest in nearly two years, indicating better business conditions in the private sector. Separately,
The EU plans to support Africa in developing its green bond market to finance the continent’s transition to renewable energy. EC president Ursula von der
Iraq reported a significant increase in its oil revenues in August, with a 6.67% MoM growth, totaling USD 8.846 bln, mainly driven by the rise
EU’s Josep Borrell is expected to visit Georgia from September 7-8, meeting with the country’s president, PM, and parliamentary leaders. The visit aims to assess
Belarusian embassies have ceased issuing passports, complicating matters for the diaspora abroad. President Alexander Lukashenko’s decree mandates that new passports can only be applied within
Russia on Tuesday dismissed criticism from Armenia that its peacekeepers were failing to maintain order at the Lachin corridor, the sole road linking Armenia to
In other news, Thailand’s annual inflation rate rose to 0.88% in August, slightly above market expectations but still below the central bank’s target range of
Thailand’s PM Srettha Thavisin was sworn in, ending a prolonged post-election political deadlock. The new government faces challenges, including high living costs, rising interest rates,
Sri Lanka is accelerating its debt restructuring efforts and expects to finalize crucial agreements this month. The IMF is conducting its first review of a
According to a recent report by Fitch, Laos’s public external debt was an estimated USD 16.9 bln in 2021, making up about 102% of the
Saudi Arabia and Russia have extended their unilateral oil supply cuts for another three months. The OPEC+ members aim to bolster a delicate global market.