Jamaica
Jamaica registered an inflation rate of 0.5% MoM in December, a deceleration from the 1.6% rise in November. Annually, the headline inflation rate ended the
January 18, 2024
Jamaica registered an inflation rate of 0.5% MoM in December, a deceleration from the 1.6% rise in November. Annually, the headline inflation rate ended the
Colombia’s Central Bank co-director, Taboada, stated that the bank plans to continue reducing interest rates but emphasized the need for solid evidence that the disinflation
Tunisia’s PM Hachani assured the IMF that the country would meet all its external debt repayments in 2024, following successful repayments in 2023. Discussions with
Somalia’s government prohibited a flight carrying Ethiopian officials from entering Somaliland, escalating tensions between the two countries. This move follows Ethiopian PM Ahmed’s announcement about
Rwandan President Paul Kagame offered to return funds received from the UK for a contentious asylum seeker program if it fails to materialize. The UK
Nigeria is in talks for up to USD 1.5 bln in funding from the World Bank to address its significant USD shortage. President Tinubu’s administration
The LNG project in Mozambique, led by TotalEnergies SE, is likely to restart early this year, the IMF noted. That follows a near-three-year halt due
Mozambique has made a payment of approximately USD 142 mln to settle part of a USD 522 mln loan, which was arranged by Credit Suisse
According to a recent report by Fitch, the agency anticipates that Ghana and Zambia will recover from their default on foreign currency debt in 2024,
Ghana secured an MoU with official creditors on debt payments until May 2026, aiming to restructure its USD 13 bln Eurobond debt by March’s end.
Angola’s finance minister noted that the central bank is firmly focused on controlling high inflation. The annual inflation rate in Angola, a net importer, reached
The chairwoman of Africa’s largest bank by assets highlighted a sovereign debt crisis as the most pressing issue in Africa, emphasizing the need for structural
The IMF has reached a preliminary agreement with Tajikistan on a range of macroeconomic policies and structural reforms. This agreement paves the way for a
Serbia Against Violence, an opposition alliance, resumed protests in central Belgrade, marking their first demonstration this year. Hundreds of protesters blocked a street near the
Moldova’s central bank Governor, Anca Dragu, stated that the dramatic shift from Russian energy sources led to a significant reduction in inflation. The transition, supported
Thailand’s proposed USD 14 bln cash-handout program is likely to miss the PM’s May target due to objections from several state agencies. The administration aims
Iran’s missile strike on a separatist group in Pakistan led to a diplomatic crisis between the two countries. Pakistan responded by recalling its ambassador to
Pakistan received USD 700 mln from the IMF as part of its bailout program, part of a USD 3 bln lending program agreed upon in
Indonesia’s central bank held its benchmark interest rate at 6.0%, indicating caution in easing monetary policy due to concerns over the stability of the rupiah
Bangladesh’s central bank increased its key interest rate to 8.0% and introduced a crawling peg system for the local currency to address inflation and preserve