Pakistan
Pakistan has reportedly met the IMF’s conditions concerning power sector debt and electricity pricing, potentially enabling access to a USD 1.2 bln loan tranche. The
March 25, 2024
Pakistan has reportedly met the IMF’s conditions concerning power sector debt and electricity pricing, potentially enabling access to a USD 1.2 bln loan tranche. The
The Philippines raised a record 585 bln pesos (USD 10.5 bln) from retail treasury bonds, with proceeds aimed at funding government projects and addressing the
Sri Lanka ended long-term tourist visa extensions for Russians and Ukrainians living on the island since Moscow’s invasion of Ukraine. The policy aimed to boost
Ukraine’s President Zelensky disclosed that Ukraine lost 31,000 soldiers since the onset of the Russian invasion two years ago. He is pressing the US Congress
Belarus conducted its first election since the political crackdown began approximately 3.5 years ago, in a highly controlled environment without international observers from the Organization
Kazakhstan’s central bank, under new PM Bektenov, lowered interest rates by 50 bps to 14.75%, marking the fifth consecutive rate cut and the longest easing
A USD 1.6 bln uranium mining agreement between France and Mongolia, aimed at diversifying France’s nuclear fuel supply, faces political challenges in Mongolia. Debates on
Iraq reopened the North Refinery in Baiji, once the country’s largest, aiming to reduce fuel import dependency. Damaged during battles with the Islamic State group
Egypt announced a USD 35 bln investment deal with the UAE to develop its Mediterranean coast, aiming to boost the economy and attract foreign investment.
According to a statement from Kenya’s National Treasury posted on X, Kenya has been added to the Financial Action Task Force’s (FATF) gray list. The
Western Libya’s oil field exports and a natural gas pipeline to Italy were disrupted due to protests, primarily over wages. The Mellitah complex, crucial for
Namibia was placed on the FATF gray list due to its inadequacies in combating illicit financial flows. This gray listing could deter foreign investment and
Nigeria’s Senate approved a new monetary policy committee, including seven new members, four deputy governors, and Governor Olayemi Cardoso as chairman. This update precedes the
South Africa’s National Treasury plans to use 150 bln rand from the central bank’s contingency reserves for early debt repayment to manage borrowing requirements and
Tanzania and Russia pledged to enhance investment and trade cooperation, reflecting on their historical relations since Tanzania’s independence struggle. Separately, Tanzania plans to legislate sugar
Tunisia’s tourism revenue increased by 10.6% year-to-date to 726.5 mln dinars, with workers’ remittances up by 5% to 984 mln dinars, boosting foreign exchange reserves
Zambian President Hichilema said China and India, the last two nations needed to sign a deal to restructure Zambia’s debt, have finally done so. President
Argentina’s monthly economic activity index (EMAE) declined by 4.5% YoY in December amid the fiscal consolidation efforts initiated by President Milei. The EMAE dropped by
Brazil’s former President Bolsonaro led a rally in Sao Paulo, criticizing political opponents and the Supreme Court amidst his legal challenges. Bolsonaro, alongside potential 2026
Costa Rica recorded a USD 534.0 mln trade deficit in January, improving from the USD 588.5 mln deficit a year earlier. Exports rose by 2.1%
Caribbean leaders discussed Haiti’s gang violence with PM, Ariel Henry, noting his leadership as an obstacle to progress. Haiti’s government confirmed Henry’s attendance at the
Jamaica’s GDP expanded by 1.9% YoY in Q4 2023, driven by employment growth, increased activity in the mining and quarrying sector, and rising consumer confidence.
Pakistan has reportedly met the IMF’s conditions concerning power sector debt and electricity pricing, potentially enabling access to a USD 1.2 bln loan tranche. The
The Philippines raised a record 585 bln pesos (USD 10.5 bln) from retail treasury bonds, with proceeds aimed at funding government projects and addressing the
Sri Lanka ended long-term tourist visa extensions for Russians and Ukrainians living on the island since Moscow’s invasion of Ukraine. The policy aimed to boost
Ukraine’s President Zelensky disclosed that Ukraine lost 31,000 soldiers since the onset of the Russian invasion two years ago. He is pressing the US Congress
Belarus conducted its first election since the political crackdown began approximately 3.5 years ago, in a highly controlled environment without international observers from the Organization
Kazakhstan’s central bank, under new PM Bektenov, lowered interest rates by 50 bps to 14.75%, marking the fifth consecutive rate cut and the longest easing
A USD 1.6 bln uranium mining agreement between France and Mongolia, aimed at diversifying France’s nuclear fuel supply, faces political challenges in Mongolia. Debates on
Iraq reopened the North Refinery in Baiji, once the country’s largest, aiming to reduce fuel import dependency. Damaged during battles with the Islamic State group