Costa Rica
Costa Rica is preparing to host the Americas Partnership for Economic Prosperity summit in spring and is advocating for inclusion in the US-Mexico-Canada Agreement (USMCA).
January 25, 2024
Costa Rica is preparing to host the Americas Partnership for Economic Prosperity summit in spring and is advocating for inclusion in the US-Mexico-Canada Agreement (USMCA).
Bolivia’s government has allocated a budget of USD 1.5 bln for hydrocarbon and food subsidies in 2024, which is 30% higher than the previous year’s
According to BofA, South Africa’s economy is expected to grow by 1.5% in 2024, an improvement from the revised 0.5% growth in the previous year,
Nigeria’s central bank believes that the naira is currently undervalued. The bank is committed to expediting genuine price discovery in the short term through coordinated
Mozambique approved an extended agreement for DP World Ltd. and Grindrod Ltd., including a USD 2 bln expansion plan, to divert more cargo from South
Ivory Coast successfully issued its first dollar bonds in almost seven years, totaling USD 2.6 bln and attracting over USD 8 bln in demand. The
The World Bank approved USD 300 mln in Development Policy Financing for Ghana, part of a resilient recovery development policy operation, the first in a
Gambia’s annual inflation rate declined to 17.3% in December from 18.4% in November. The reduction was seen across various categories, with food prices rising by
Burkina Faso inaugurated its first mining waste processing facility. The plant aims to process the residue from the nation’s gold mines. This initiative is part
US forces have conducted airstrikes against an Iran-backed militia in Iraq, targeting three sites, including the Kataib Hezbollah headquarters, a training facility, and a missile
European Parliament MP and EU Rapporteur for Serbia Bilcik stated that he does not expect an international investigation into Serbia’s elections. He noted the Serbian
Moldovan PM Recean reshuffled his cabinet to strengthen diplomatic efforts towards EU membership. Cristina Gherasimov, a former adviser to President Maia Sandu, was appointed to
Kazakhstan saw a substantial increase in FDI in H1 2023, with a net inflow of USD 4.1 bln, an 86% YoY rise, partly driven by
Armenian Foreign Minister Mirzoyan revealed that there are currently no scheduled meetings between Azerbaijani and Armenian leaders despite several initiatives. He expressed concern over regression
A Russian military plane crashed in the Belgorod region near Ukraine’s border, reportedly killing at least 65 Ukrainian prisoners of war, as per the Russian
Thailand’s Finance Ministry revised its GDP growth forecast for the year to 2.8% from the previous 3.2% estimate in October. The ministry also adjusted its
Myanmar’s GDP grew by 3.4% in FY22-23, an improvement from the 2.4% growth in the previous fiscal year. The central bank reported FX reserves of
Malaysia’s central bank held its benchmark interest rate at 3.0%, maintaining a cautious approach ahead of expected fuel subsidy cuts later in the year. The
China announced a plan to cut its reserve requirement ratio (RRR) for banks by 0.5 pp to infuse one tln yuan into the market. This