Honduras
The IMF has approved a USD 822 mln package for Honduras, with an immediate disbursement of USD 117 mln to preserve medium-term debt sustainability and
September 5, 2023
The IMF has approved a USD 822 mln package for Honduras, with an immediate disbursement of USD 117 mln to preserve medium-term debt sustainability and
The Biden administration has committed USD 100 mln to back a proposed Kenyan-led multinational force to restore peace in Haiti. The specifics of this support
Corporacion Andina de Fomento (CAF), a Latin American development bank, is on track to lend over USD 14 bln this year and is looking to
Corporacion Andina de Fomento (CAF), a Latin American development bank, is on track to lend over USD 14 bln this year and is looking to
South Africa’s central bank cautioned the ANC against overspending as a solution. The bank’s governor highlighted that fiscal degradation leads to rising interest rates, which
The World Bank has approved a USD 700 mln loan to boost education for young girls in Nigeria, addressing the 12-15 million out-of-school children, especially
Moody’s has revised Mozambique’s outlook to stable from positive while maintaining its long-term issuer and senior unsecured debt ratings at Caa2. The update mirrors Moody’s
Kenya’s Eurobonds experienced a significant drop after President Ruto emphasized the need for wealthier nations to develop a “new sovereign debt architecture” to aid poorer
Ghana’s public debt ratio rose to 71.9% of GDP by June’s end, the highest since the prior December when it stood at 77.5%. The total
Egypt has come to terms with the IMF to merge the first and second reviews of its economic reform program, following delays in the first
Benin will receive a USD 230 mln World Bank grant to bolster its economic and climate defenses. Allocated funds will drive private sector growth, enhance
Georgia’s central bank acting head met with the IMF representative, pledging to uphold restrictions on Russia after a controversial decision brought Georgia’s commitment to international
Ukraine’s GDP grew by 19.5% YoY in Q2 2023, below consensus but exceeding the central bank’s forecast of 18.1%. Although detailed breakdowns were not released,
Russian Economic Development Minister Reshetnikov presented the “new equilibrium” outlook for USDRUB, projecting 94 for the end of 2023 and 90-92 for 2024-2026. The ministry
Malaysia’s annual inflation rate remained at 2.0% for August, consistent with July’s figure, the lowest in nearly two years. Core inflation saw a 2.5% increase
Meanwhile, BofA foresees a potential drop in India’s 10-year bond yields, predicting a stabilization of around 6.90% in the next six to eight months. The
JPMorgan will integrate Indian government bonds into its benchmark emerging-market index. This move signals India’s rising allure for global investors. Several initiatives, like Apple Inc.’s
The ADB forecasts a 6.5% growth in Bangladesh’s GDP for the fiscal year 2024, an increase from the 6% growth in 2023. This growth prediction