Paraguay
The IADB approved a USD 100 mln loan to Paraguay to enhance logistics performance and commercial integration. This 20-year loan will benefit micro, small, and
January 30, 2024
The IADB approved a USD 100 mln loan to Paraguay to enhance logistics performance and commercial integration. This 20-year loan will benefit micro, small, and
The Dominican Republic’s economy grew by 2.4% in 2023, outperforming initial estimates and the Latin American regional average. The monthly indicator of economic activity showed
Uganda’s 2023-24 budget increased by 15% to address critical government commitments and unspent funds from the previous year. The budget’s debt component rose to 22.4
South African President Ramaphosa hinted at the possibility of introducing a basic income grant despite fiscal constraints. This statement comes ahead of the nation’s budget
Nigeria’s naira experienced a record low against the USD in the official market, falling to 1,421 against the USD on Friday, later closing at 891.9
Ghana’s central bank reduced its benchmark interest rate by 100 bps to 29%, marking the first rate cut since 2021. This decision was driven by
Egypt is exploring the issuance of bonds in UAE dirham and Indian rupee as part of efforts to diversify its financing sources. This consideration comes
Burkina Faso, Mali, and Niger, all governed by military regimes, announced their immediate withdrawal from the ECOWAS. The decision was described as a sovereign action
Italian PM Meloni announced an investment plan exceeding EUR 5.5 bln to strengthen Italy’s ties with Africa. This move aims to enhance energy relations and
Mongolia’s GDP rose by 6.8% in 2023, a rate Minister of Economy and Development Chimed Khurelbaatar described as “high not only in the region but
Russia is likely to destabilize Moldova, potentially as part of the efforts to hinder its EU integration, among other objectives, the U.S.-based think tank Institute
Georgian PM Garibashvili announced his resignation at a Georgian Dream party’s political council meeting, with a formal declaration expected at the party’s congress on February
Russian President Putin and Belarusian President Lukashenko took part in a meeting of the Supreme State Council of the Union State. Putin called for continued
Armenian PM Pashinyan stated on Sunday that Armenia has suggested signing a non-aggression pact with Azerbaijan as a path towards the eventual peace treaty. Over
Ukraine Security Service has stated that it has uncovered a UAH1.5 bln (~USD 40 mln) embezzlement scheme in supplies of artillery shells led by “high-ranking
Pakistan’s central bank maintained its key interest rate at 22.0% for the fifth consecutive meeting, focusing on controlling the nation’s high inflation rate. The central
Indonesia is implementing measures to keep volatile food CPI below 5% in 2024. The government plans cash assistance for low-income families to support purchasing power
Indian PM Modi will likely leverage the upcoming budget to appeal to voters without widening the fiscal deficit. Finance Minister Nirmala Sitharaman will likely focus