Bangladesh
Bangladesh’s trade deficit declined by over 63% to USD 4.59 bln in the first half of FY23-24, compared to the previous year. Import payments decreased
March 12, 2024
Bangladesh’s trade deficit declined by over 63% to USD 4.59 bln in the first half of FY23-24, compared to the previous year. Import payments decreased
India’s inflation rate decreased to a three-month low of 5.1% YoY in January, down from 5.69% in December. Food inflation, accounting for approximately half of
Pakistan’s major family-controlled political parties, the Sharif and Bhutto clans, are moving towards forming a coalition government, potentially sidelining Imran Khan’s group despite its significant
Remittances to Pakistan from overseas workers surged 26.2% YoY in January, reaching USD 2.397 bln, compared to USD 1.90 bln in January of the previous
Russia’s annual inflation rate declined to 7.2% at the end of January from 7.4% at the end of December, as noted by President Putin. He
Armenian PM Pashinyan, in an interview, expressed optimism that the peace agreement with Azerbaijan could be implemented post-presidential elections, contingent on Azerbaijan’s political will. He
Kyrgyzstan disclosed a letter from President Japarov to US Secretary of State Blinken, accusing the US of meddling in Kyrgyzstan’s internal affairs. The accusation relates
Moldova’s inflation rose to 4.6% YoY in January from 4.2% in December, driven primarily by non-food items. On February 6, Moldova’s central bank reduced its
Fitch affirmed Serbia’s rating at BB+ with a stable outlook, citing its credible macroeconomic policies, prudent fiscal management, and relatively high human development and GDP
Tajikistan reported a 92% increase in tourist arrivals from Russia last year, with overall visitor numbers rising by 20% in 2023 compared to 2022. A
Israel conducted airstrikes on Rafah, freeing two Israeli hostages during an overnight special-forces mission. The operation’s success comes amidst international concerns over a potential ground
Iraq has aligned its oil production with the OPEC+ quota, capping it at 4 mln barrels/day. Current exports are approximately 3.4 ml barrels/day. Efforts are
King Abdullah II of Jordan is set to meet with President Biden in Washington amid escalating tensions in Gaza and potential Israeli troop deployment in
The Angolan treasury will inject USD 300 mln into the FX market on February 14, available for the week until depleted. This move, announced by
Russia’s wheat exports to Algeria from July 2023 through January 2024 reached 1.6 mln tons, a 20% increase from the previous agricultural year’s 1.33 mln
Kenya plans to issue seven-year Eurobonds with an expected yield of around 11%, marking the highest yield for any African issue this year. The sale
According to its latest country report, the IMF forecasts a significant decrease in Nigeria’s foreign reserves to USD 24 bln in 2024. As of February
The US has approved a USD 250 mln loan to support the development of the Lobito Atlantic Railway Corridor, connecting copper and cobalt mines in
Paraguay has announced the successful tender of its 5% bonds due in 2026, with the tendered aggregate purchase price reaching USD 261.12 mln, surpassing the
Bangladesh’s trade deficit declined by over 63% to USD 4.59 bln in the first half of FY23-24, compared to the previous year. Import payments decreased
India’s inflation rate decreased to a three-month low of 5.1% YoY in January, down from 5.69% in December. Food inflation, accounting for approximately half of
Pakistan’s major family-controlled political parties, the Sharif and Bhutto clans, are moving towards forming a coalition government, potentially sidelining Imran Khan’s group despite its significant
Remittances to Pakistan from overseas workers surged 26.2% YoY in January, reaching USD 2.397 bln, compared to USD 1.90 bln in January of the previous
Russia’s annual inflation rate declined to 7.2% at the end of January from 7.4% at the end of December, as noted by President Putin. He
Armenian PM Pashinyan, in an interview, expressed optimism that the peace agreement with Azerbaijan could be implemented post-presidential elections, contingent on Azerbaijan’s political will. He
Kyrgyzstan disclosed a letter from President Japarov to US Secretary of State Blinken, accusing the US of meddling in Kyrgyzstan’s internal affairs. The accusation relates
Moldova’s inflation rose to 4.6% YoY in January from 4.2% in December, driven primarily by non-food items. On February 6, Moldova’s central bank reduced its
Fitch affirmed Serbia’s rating at BB+ with a stable outlook, citing its credible macroeconomic policies, prudent fiscal management, and relatively high human development and GDP
Tajikistan reported a 92% increase in tourist arrivals from Russia last year, with overall visitor numbers rising by 20% in 2023 compared to 2022. A
Israel conducted airstrikes on Rafah, freeing two Israeli hostages during an overnight special-forces mission. The operation’s success comes amidst international concerns over a potential ground