Paraguay
Paraguay’s government is seeking legislative approval to borrow USD 600 mln to settle debts with construction firms, drug companies, and other suppliers. Finance minister Carlos
August 25, 2023
Paraguay’s government is seeking legislative approval to borrow USD 600 mln to settle debts with construction firms, drug companies, and other suppliers. Finance minister Carlos
S&P has upgraded Jamaica’s long-term foreign and local currency sovereign credit ratings to BB- from B+, maintaining a stable outlook. The agency anticipates that Jamaica
Uganda is seeking alternative funding sources, particularly local pension funds, after the World Bank froze financial support worth USD 1.787 bln due to the country’s
The death toll in Morocco and Libya reached approximately 8,000. Libya faced a devastating storm called, which heavily impacted the northeastern coast. Libya’s competing governments
The death toll in Morocco and Libya reached approximately 8,000. Libya faced a devastating storm called, which heavily impacted the northeastern coast. Libya’s competing governments
Kenyan President William Ruto’s fiscal policy is facing challenges as a judicial panel begins hearings on petitions against his proposed tax hikes, particularly on fuel.
Ghana reported an unexpected decline in its inflation rate for August, reaching a 10-month low of 40.1% compared to 43.1% in July, mainly due to
Gabon’s new PM pledged to honor the nation’s debt commitments and is considering reforms to mitigate the economic impact of rising energy prices and combat
Ethiopia’s central bank allowed specific strategic projects, like power plants and infrastructure developments, to establish offshore accounts. This directive also includes large mining operations and
The African Development Bank (AfDB) plans to issue a USD-denominated perpetual bond, introducing a new asset class for development bank hybrids, featuring a permanent principal
The WFP announced a historic funding crisis, which has forced the organization to make significant cuts to its food assistance programs. That could drive an
Serbia’s FX reserves reached about EUR 23.6 bln at the end of August, up some EUR 500mln and a new record. FX reserves covered 183.9%
Kazakhstan’s economy grew 4.9% during the first eight months of this year, a slight uptick from the previous reporting period. The deputy minister of economy
Georgia’s central bank cautiously reduced its key rate by 25 bps to 10%. The cut comes as inflation is softening and is projected to decrease
Azerbaijan announced its willingness to allow the Red Cross regular access to bring humanitarian aid to Nagorno-Karabakh, accusing Armenian separatists of hindering aid distribution. Armenian
Azerbaijan announced its willingness to allow the Red Cross regular access to bring humanitarian aid to Nagorno-Karabakh, accusing Armenian separatists of hindering aid distribution. Armenian
North Korean leader Kim Jong Un and President Putin concluded confidential talks at the Vostochny spaceport in Russia. While details remain undisclosed, analysts had speculated
North Korean leader Kim Jong Un and President Putin concluded confidential talks at the Vostochny spaceport in Russia. While details remain undisclosed, analysts had speculated
Thailand’s PM, Srettha Thavisin, announced cuts in retail electricity and diesel prices as part of new measures to ease the cost of living and stimulate
The ADB provided a USD 303 mln loan for the Philippines to address flood and climate risks across three major river basins. Separately, the Philippines
India’s bond yield curve steepened as shorter bonds rallied more than longer-tenor debt after the central bank revised investment guidelines for lenders. The new rules
Bangladesh has agreed to purchase 300k tons of grain from Russia in a government-to-government deal, as announced by Syed Mahbub Khan, additional secretary at the