Colombia
Colombia’s Lower House has passed President Petro’s health-care reform, aiming to reduce the role of private insurers in favor of direct government payment to care
December 11, 2023
Colombia’s Lower House has passed President Petro’s health-care reform, aiming to reduce the role of private insurers in favor of direct government payment to care
Bolivia’s foreign reserves fell to USD 2.15 bln by August 31, the lowest since 2006. This decline, reported by the central bank, includes a 32%
The demand for high-yield bonds in emerging markets has surged, reducing risk premiums to 19-month lows. The yield spread over US treasuries has narrowed to
Starting in January, Zambia’s central bank will sell all new government bonds at face value in the primary market. This strategy aims to streamline government
Uganda’s central bank maintained its key interest rate at 9.5% for the second time, focusing on supporting economic growth amid low inflationary pressures. The bank
Namibia’s central bank held its benchmark rate at 7.75% for the third consecutive meeting, aiming to maintain the Namibia dollar’s one-to-one link with the South
Mauritius Commercial Bank’s inaugural USD 400 mln sustainability-linked syndicated loan was significantly oversubscribed, attracting bids totaling USD 849 mln. The loan drew interest from 24
Kenya’s National Treasury is negotiating a USD 1 bn loan with China, potentially used to repay a Eurobond due next year. Kenya expects a tranche
Guinea’s trade surplus decreased to 885.4 bln francs (USD 103 mln) in October, a significant drop from 2.13 tln francs in September, mainly driven by
Kazakhstan’s energy ministry has initiated discussions to reduce oil production from January 2024. This decision aims to mitigate market uncertainty and volatility. Adviser to the
Azerbaijan’s President, Aliyev, issued a warning to France and India against supplying weapons to Armenia, stating that such actions could provoke a new conflict in
Ukraine’s international reserves decreased by 0.5% to USD 38.8 bln in November. The central bank reported selling USD 2.46 bln in the market last month
Sri Lanka and India will conclude technical discussions on an Economic and Technical Co-operation Agreement by March. The next round of talks will be held
The Philippines aims to double its sovereign wealth fund, Maharlika Investment Corp., to 250 bln pesos (USD 4.5 bln) in two years. The fund, backed
Myanmar’s central bank has announced it will stop setting exchange rates for foreign currencies, allowing banks and dealers to determine rates independently. This move, reported
Bangladesh’s trade deficit from July to October declined by 60% YoY to USD 3.81 bln, down from USD 9.62 bln the previous year, driven by