Paraguay
Paraguay’s annual inflation rate decreased to 3.2% in November from 3.5% in the previous month, resuming a disinflationary trend observed since the end of 2022.
December 13, 2023
Paraguay’s annual inflation rate decreased to 3.2% in November from 3.5% in the previous month, resuming a disinflationary trend observed since the end of 2022.
Colombia’s annual inflation rate continued its downward trend for the eighth consecutive month, reaching 10.15%, down from 10.48% in the prior month. This rate, the
Four investment banks announced a USD 10 bln investment for infrastructure projects in South America. The fund, aimed at enhancing connectivity through port, airport, road,
Tanzania’s gold exports increased by 6.4% YoY in the 12 months through October, primarily due to higher volumes and global prices. The country’s central bank
A sit-in protest by workers at a South African platinum mine continued for a third day, with the National Union of Mineworkers reporting that about
Mozambique’s inflation accelerated to 5.36% YoY in November, up from 4.75% in October. Monthly, prices increased by 1.17%, with food inflation jumping significantly to 9.41%
Mauritania’s central bank maintained its key interest rate at 8.0% during its November 27 meeting. The country’s annual inflation rate decreased to a three-year low
Ghana’s debt-restructuring efforts with official creditors are being delayed by China’s insistence on safeguarding its recent loans and demanding equal relief from all creditors. The
Cote d’Ivoire increased its 2023 budget by 7% to 12.51 tln CFA francs, with the budget deficit projected to widen to 5.2% of GDP from
Israeli PM Netanyahu warned of severe consequences in Beirut and southern Lebanon if Hezbollah engages in Israel’s conflict with Hamas. This statement came during his
The World Bank approved an USD 800 mln financing package for Uzbekistan to accelerate its shift to a market economy. The Development Policy Operation (DPOS)
Serbia and Bulgaria have finished a 170 km pipeline project, aiming to reduce dependency on Russian gas and diversify supply sources. The pipeline, running from
Georgian President Zurabishvili participated in a march supporting Georgia’s EU membership bid on December 9. EU leaders will decide on December 15 if Georgia is
Ukraine’s headline inflation rate declined to 5.1% YoY in November, almost reaching the central bank’s (NBU) target of 5%. Core inflation also decreased to 5.7%.
Fitch raised Vietnam’s credit rating to BB+ from BB with a stable outlook, citing a positive medium-term growth forecast. The country aims for GDP growth
Following its decision to stop setting exchange rates for foreign currencies, Myanmar’s central bank (CBM) announced a reduction in the requirement for exporters to convert
Indonesia’s FX reserves rose to USD 138.1 bln in November, up from USD 133.1 bln in October, marking the highest level since May. This increase
EU leaders, in their first in-person summit with China in over four years, raised concerns about the trade imbalance, Beijing’s stance on Taiwan, and its
The ASCOR, representing bond investors with USD 5 trillion in assets, reported that most sovereign issuers’ climate pledges lack sufficient ambition. Only Bangladesh, Barbados, Kenya,