Paraguay
Paraguay’s inflation rate rose by 3.5% YoY in September, up from 2.9% in August. Consumer prices rose 0.5% MoM in September. In other news, Paraguayan
September 15, 2023
Paraguay’s inflation rate rose by 3.5% YoY in September, up from 2.9% in August. Consumer prices rose 0.5% MoM in September. In other news, Paraguayan
Due to a border closure with Haiti, the Dominican Republic is considering alternative export markets, such as Puerto Rico, Cuba, and several other nations expressing
The Brazilian real hovered around the 5.14 per USD mark, nearing its six-month low, influenced by a strengthening USD and breakout from riskier emerging market
Barrick Gold Corp announced nearly USD 2 bln in investments to transform the Lumwana mine in Zambia into a super pit, aiming to make the
The Stanbic Bank Uganda PMI rose to 52.9 in September from 51.6 in August, marginally surpassing the series average of 52.6 and continuing growth in
South Africa’s S&P Global PMI declined to 49.9, down from 51.0 in August, suggesting a stagnant private sector. Despite nearing growth in new business domains,
South Africa’s S&P Global PMI declined to 49.9, down from 51.0 in August, suggesting a stagnant private sector. Despite nearing growth in new business domains,
The World Bank’s Africa Pulse report showed that economic growth in sub-Saharan Africa is projected to decrease to 2.5% in 2023 from 3.6% the prior
The World Bank’s Africa Pulse report showed that economic growth in sub-Saharan Africa is projected to decrease to 2.5% in 2023 from 3.6% the prior
The World Bank’s Africa Pulse report showed that economic growth in sub-Saharan Africa is projected to decrease to 2.5% in 2023 from 3.6% the prior
Kenya’s central bank highlighted plans to repay a portion of a maturing Eurobond before its deadline in June. The central bank anticipates a reduced depreciation
The IMF reached a staff-level agreement with Ivory Coast on the first review of their USD 3.5 bln economic reform program. That is tied to
Opposition members staged a protest in Ghana’s capital, Accra, calling for the dismissal of the central bank governor due to escalating inflation rates, which peaked
The IMF will assess Egypt’s economy after the nation completes a postponed review of its USD 3 bln rescue plan. This postponement inhibits Egypt from
The EBRD lowered Kyrgyzstan’s 2023 economic growth projection from 7.0% to 4.6%. Growth decelerated to 2.9% until July 2023, attributed to a sharp decline in
Due to the likely decline in gas output at several fields, including Kashagan and Zhanazhol, Kazakhstan might import natural gas from 2024, according to Qazaqgas
Georgian Finance Minister Levan noted that the country experienced substantial economic progression, achieving double-digit growth for 2022 and 2023. The nation witnessed record highs in
Azerbaijan’s central bank reported a 4.4% monthly increase in its reserves in September, amounting to USD 9.755 bln as of September 29, a substantial increment
Armenia’s inflation rate grew by 0.1% YoY in September, marking an end to four months of decline. Food and communication deflation rates decreased, while there
Albania’s central bank held its key policy rate at 3.0% for the eighth month, with overnight lending and deposit rates at 4.0% and 2.0%, respectively.
Ukraine’s central bank significantly intensified its market interventions, as indicated by official data. On Tuesday, the volume of transactions under the “other monetary operations” category,
Russia confirmed its commitment to its ongoing 300,000 barrel-a-day reduction in crude exports for the month until the year’s end. This decision aligns with the
Sri Lanka’s State Enterprise Reform Unit aims to solicit interest in selling three state-owned entities, including Hilton. The government intends to consolidate over 80 state
Sri Lanka’s State Enterprise Reform Unit aims to solicit interest in selling three state-owned entities, including Hilton. The government intends to consolidate over 80 state
Pakistan’s government disclosed an impending crackdown on illegal migrants, with intentions to commence expulsions next month. That concerns around 1.7 million undocumented Afghanis. This move
Malaysian Economy Minister Ramli disclosed that Malaysia’s forthcoming subsidy 2024 cutback plan seeks to decrease the budget deficit, preventing the need for higher taxes. The
Laos reported a slight decrease in inflation to 25.69% in September from 25.88% the prior month. That sustained high inflation results from factors such as
Bangladesh’s central bank raised its benchmark interest rate by 75 bps to 7.25%, aiming to curb inflation. They also uplifted interest rates on the standing