Indonesia
Indonesia’s central bank has maintained its benchmark interest rate at 6% for the fourth consecutive month. The bank plans to reassess the potential for rate
March 21, 2024
Indonesia’s central bank has maintained its benchmark interest rate at 6% for the fourth consecutive month. The bank plans to reassess the potential for rate
Pakistan’s two major family-led parties have formed a coalition to establish a government, positioning Shehbaz Sharif as the PM and nominating Asif Zardari as President.
Sri Lanka has sent a new restructuring proposal to its USD bondholders, as part of efforts to overhaul its defaulted debt. That comes as a
The US announced plans for significant sanctions in response to the death of Russian opposition figure Alexey Navalny. National security spokesman John Kirby stated the
Albanian opposition parties mobilized thousands of protesters in central Tirana, demanding the resignation of PM Edi Rama. The protest, marking the anniversary of the communist
Armenia’s GDP growth hit 8.7% last year, buoyed by a 17.9% increase in public spending, particularly following the Q3 2023 crisis. Investment also rose by
A former minister, now a critic of the authorities in Moldova’s breakaway region of Transnistria, revealed that the regional congress might request Russia to incorporate
Angola has announced that the tender process for select oil blocks will remain open indefinitely after failing to attract bids in previous auctions. National Agency
Burkina Faso’s junta has halted export permits for gold and other minerals from small-scale and semi-mechanized miners to address a decline in production and to
Kenya has granted Ethiopians exemption from the USD 30 Electronic Travel Authorization (eTA) fee required for foreigners entering Kenya. This move aims to preserve the
Lesotho is projecting a budget surplus of 2.2 billion maloti (USD 117 mln) for FY24-25. However, total revenue is expected to decrease by almost 7%,
The IMF has highlighted Morocco’s efforts in reducing its fiscal deficit, emphasizing the need for additional measures to increase tax revenues and rationalize spending. A
South Africa’s Treasury plans to utilize the contingency reserves fund at the central bank to reduce national debt, allocating 150 bln rand of the 500
The World Bank and Tanzania have agreed on a EUR 361 mln loan to support city improvements in Dar es Salaam. This financing will contribute
Uganda is in talks with Tanzania to construct a joint pipeline for importing oil products, seeking tax waivers due to the higher costs associated with
Labor unrest is escalating in Argentina as unions resist austerity measures introduced by President Milei, impacting wages and pensions. The government’s 27% social security increase
The Brazilian real has experienced the lowest volatility in a decade, attracting local investors and potentially drawing foreign interest. Brazilian hedge funds have increased their
Costa Rica’s Legislative Assembly has approved a USD 700 mln loan from the BCIE to enhance public infrastructure resilience against natural disasters. Co-financed by the
Indonesia’s central bank has maintained its benchmark interest rate at 6% for the fourth consecutive month. The bank plans to reassess the potential for rate
Pakistan’s two major family-led parties have formed a coalition to establish a government, positioning Shehbaz Sharif as the PM and nominating Asif Zardari as President.
Sri Lanka has sent a new restructuring proposal to its USD bondholders, as part of efforts to overhaul its defaulted debt. That comes as a
The US announced plans for significant sanctions in response to the death of Russian opposition figure Alexey Navalny. National security spokesman John Kirby stated the
Albanian opposition parties mobilized thousands of protesters in central Tirana, demanding the resignation of PM Edi Rama. The protest, marking the anniversary of the communist
Armenia’s GDP growth hit 8.7% last year, buoyed by a 17.9% increase in public spending, particularly following the Q3 2023 crisis. Investment also rose by
A former minister, now a critic of the authorities in Moldova’s breakaway region of Transnistria, revealed that the regional congress might request Russia to incorporate
Angola has announced that the tender process for select oil blocks will remain open indefinitely after failing to attract bids in previous auctions. National Agency
Burkina Faso’s junta has halted export permits for gold and other minerals from small-scale and semi-mechanized miners to address a decline in production and to
Kenya has granted Ethiopians exemption from the USD 30 Electronic Travel Authorization (eTA) fee required for foreigners entering Kenya. This move aims to preserve the
Lesotho is projecting a budget surplus of 2.2 billion maloti (USD 117 mln) for FY24-25. However, total revenue is expected to decrease by almost 7%,
The IMF has highlighted Morocco’s efforts in reducing its fiscal deficit, emphasizing the need for additional measures to increase tax revenues and rationalize spending. A