Pakistan
Pakistan is moving towards forming a new government as Bilawal Bhutto Zardari exited the prime ministerial race, offering support to a candidate from Sharif’s party
March 13, 2024
Pakistan is moving towards forming a new government as Bilawal Bhutto Zardari exited the prime ministerial race, offering support to a candidate from Sharif’s party
In an unusual scheduling decision, the Philippines’ central bank will conduct its rate-setting meeting a day earlier than planned due to a family wedding attended
Sri Lanka’s government anticipates the rupee will strengthen to around 280 rupees per USD in the near term, a significant improvement from over 400 rupees
Thailand’s government has increased its FY24 new borrowing target by 560 bln baht to fund its budget deficit, resulting in a total borrowing amount of
The US Senate passed a USD 95 bln aid bill for Ukraine, Israel, and Taiwan, with USD 61 bln allocated for Ukraine. This development moves
Four Armenian soldiers were killed by Azerbaijani forces’ small arms fire, according to Yerevan’s Defense Ministry. This incident follows an Azerbaijani soldier’s injury from Armenian
In his first Cabinet meeting, Kazakhstan’s new PM, Bektenov, emphasized the need to achieve at least 6% real GDP growth, echoing the President’s address. He
Kosovo’s PM Kurti emphasized the urgency of a deal with Serbia to normalize bilateral relations, attributing delays to Serbia. He reiterated the commitment to the
Tajikistan experienced an 8.3% GDP growth in 2023, with inflation slowing to 3.8%. The National Bank of Tajikistan reduced rates by 50 bps to 9.5%,
President Biden has advocated for a six-week ceasefire between Israel and Hamas to facilitate hostage releases and potentially lay the groundwork for a broader peace
Cameroon’s inflation rate rose to 7.4% YoY in 2023 from 6.3% in 2022, driven by an 11.1% increase in food and non-alcoholic beverage prices. The
The Kenyan shilling (KES) regained against major currencies, reaching a new high of 158.6 to the USD from a 30-year low of 161. This uptrend,
Islamic State-affiliated militants executed their most lethal attack on Mozambican troops since 2021, signaling an escalation in security concerns ahead of TotalEnergies’ anticipated restart of
Moody’s upgraded the outlook for Nigerian banks to positive, surpassing counterparts in Egypt and South Africa. This optimism is driven by anticipated profit growth despite
In other news, the Nigerian naira (NGN) reached a record low against the USD, with a 4.2% decline to 1,534 in the NAFEM window, indicating
Senegal has again restricted mobile internet access amid a government crackdown on dissent following the postponement of presidential elections. Authorities cite the spread of “hateful
A new political party supported by former President Jacob Zuma may challenge the ANC’s long-standing dominance in South Africa. Amid national and provincial elections expected
South African mining production experienced a 2.5% growth in Q4 2023, contrasting with an annual decline in 2023. This rebound followed a 0.9% decrease in
Honduras registered a 3.3% YoY decline in family remittances in January, totaling USD 661 mln. This contraction continues the downward trend observed in 2023, contrasting
Peru’s trade surplus rose by 25.0% YoY to USD 2.0 bln in December, with a notable expansion to USD 17.4 bln in 2023, exceeding expectations
Pakistan is moving towards forming a new government as Bilawal Bhutto Zardari exited the prime ministerial race, offering support to a candidate from Sharif’s party
In an unusual scheduling decision, the Philippines’ central bank will conduct its rate-setting meeting a day earlier than planned due to a family wedding attended
Sri Lanka’s government anticipates the rupee will strengthen to around 280 rupees per USD in the near term, a significant improvement from over 400 rupees
Thailand’s government has increased its FY24 new borrowing target by 560 bln baht to fund its budget deficit, resulting in a total borrowing amount of
The US Senate passed a USD 95 bln aid bill for Ukraine, Israel, and Taiwan, with USD 61 bln allocated for Ukraine. This development moves
Four Armenian soldiers were killed by Azerbaijani forces’ small arms fire, according to Yerevan’s Defense Ministry. This incident follows an Azerbaijani soldier’s injury from Armenian
In his first Cabinet meeting, Kazakhstan’s new PM, Bektenov, emphasized the need to achieve at least 6% real GDP growth, echoing the President’s address. He
Kosovo’s PM Kurti emphasized the urgency of a deal with Serbia to normalize bilateral relations, attributing delays to Serbia. He reiterated the commitment to the
Tajikistan experienced an 8.3% GDP growth in 2023, with inflation slowing to 3.8%. The National Bank of Tajikistan reduced rates by 50 bps to 9.5%,
President Biden has advocated for a six-week ceasefire between Israel and Hamas to facilitate hostage releases and potentially lay the groundwork for a broader peace