India
The Export-Import Bank of India is considering a potential USD bond sale that could occur as early as January. The amount for this offering might
December 20, 2023
The Export-Import Bank of India is considering a potential USD bond sale that could occur as early as January. The amount for this offering might
Malaysia’s trade surplus narrowed significantly to MYR 12.4 bln in November, the smallest since May 2020, due to a 5.9% decrease in exports, particularly in
The Philippines reported a balance of payments (BOP) deficit of USD 216 mln in November, a decrease from the USD 756 mln deficit a year
The EBRD approved a resolution to boost its paid-in capital by EUR 4 bln (13%) for Ukraine. This increase will enable the EBRD to maintain
Georgia’s economic growth decelerated to 5.7% YoY in Q3 2023, down from 7.8% in Q2 and 8.0% in Q1. That marks the slowest quarterly pace
Kyrgyzstan is issuing its debut bonds in Kyrgyz som (KGS) and Russian rubles (RUB), with dual listings on the Moscow Exchange and the Kyrgyz Stock
Moldovan PM Dorin Recean noted that the government does not plan to extend the current state of emergency. Efforts since summer have focused on developing
European observers have reported irregularities, media bias, and misuse of state resources in Serbia’s snap election, favoring President Aleksandar Vucic’s ruling party. Despite the Progressive
The IMF forecasts that Iraq’s GDP growth will slow down in 2023-2024 due to reduced oil output, influenced by the closure of the Iraqi-Turkey pipeline
Ethiopia is in discussions with the IMF to secure a loan of approximately USD 3.5 bln under a reform program, with a staff-level agreement expected
The Ghana Cocoa Board has secured a USD 800 mln syndicated loan for bean purchases. The loan, signed on December 15 with international banks, will
The IMF Executive Board completed the first reviews under the ECF and EFF Arrangements, allowing a disbursement of about USD 21.52 mln to Mauritania. Additionally,
Morocco’s central bank held its benchmark interest rate at 3.0%, citing a slowdown in inflation to a nearly two-year low. The bank projects consumer-price growth
Sierra Leone’s central bank increased its benchmark interest rate by 100 bps to 22.25%. This decision is in response to inflationary pressures, with the inflation
Tanzania’s central bank plans to implement an interest rate-focused monetary policy starting January 2024, shifting from its current reserve money targeting approach. This change is
Paraguay’s central bank (BCP) released its December Economic Expectations Survey, showing unchanged inflation and economic growth expectations. Analysts anticipate the BCP will reduce the monetary
Honduras has extended its agreement with the United Nations to establish the International Commission Against Impunity in Honduras (CICIH) until June 2024. Despite progress, challenges