Bangladesh
Bangladesh’s exports for February fell below the USD 5.24 bln target, reaching USD 38.45 bln during July-February, up 3.71% YoY but missing the USD 41.12
April 2, 2024
Bangladesh’s exports for February fell below the USD 5.24 bln target, reaching USD 38.45 bln during July-February, up 3.71% YoY but missing the USD 41.12
Moody’s revised India’s 2024 growth forecast to 6.8% from 6.1%, following strong economic performance, including an 8.4% growth rate from October to December 2023. The
Pakistan’s Election Commission has barred pro-Imran Khan legislators from occupying reserved parliamentary seats for women and minorities, following an election tainted by allegations of manipulation.
Thailand’s PM Thavisin advocated for a 25 bps rate cut, arguing it would benefit the economy without causing significant capital outflows or weakening the baht.
Poland, supported by Lithuania, plans to urge the EU to ban food imports from Russia and Belarus, aiming to enhance regional security and protect local
Russian oil refineries have rapidly recovered from Ukrainian drone strikes, with processing rates rebounding in late February. The country’s refineries processed 5.44 mln bpd in
Russia and Kazakhstan have shifted over 80% of their mutual trade settlements to national currencies, moving away from the dollar and euro, according to Russian
Serbia’s upcoming CPI data release is scheduled for March 12, with the central bank’s rate decision due this Thursday. Governor Tabakovic anticipates inflation returning to
Israel’s postponement of high-level talks in Cairo has tempered expectations for an immediate ceasefire agreement with Hamas. Mediation efforts by the US, Egypt, and Qatar
Egypt’s Finance Ministry plans to issue 26 T-bills and bond tenders totaling EGP 459.5 bln in March, part of a broader strategy to borrow EGP
Ghana faces a potential loss of USD 3.8 bln in World Bank funding if the recently passed anti-LGBTQ bill is enacted, risking the financial support
Kenya’s placement on the FATF’s gray list is deemed “credit negative” for its banks by Moody’s, attributing increased compliance costs and potential transaction delays. The
Morocco will likely boost wheat imports due to anticipated reduced harvests from ongoing drought conditions, with agriculture being a critical economic sector. The persistent dry
Nigeria’s naira appreciated following robust foreign participation in bond auctions post a substantial interest rate hike by the central bank. Foreign investors snapped up nearly
Nigeria has heightened security around its food warehouses following a significant looting incident in Abuja, signaling escalating public unrest amid economic challenges and rising food
Rwanda’s trade deficit widened in January, with imports slightly decreasing to USD 570.67 mln and exports dropping to USD 189.86 mln. Concurrently, the producer inflation
Argentina faces intensifying economic challenges as President Milei’s stringent policies, aimed at addressing inflation and fiscal imbalances, contribute to a deepening recession. The austerity measures
Brazil’s central bank is navigating rising services inflation, balancing rate cuts with economic growth and inflationary pressures. Despite recent rate reductions and potential further easing,
Following the IMF’s Article IV consultation and second review under the PLL and RSF arrangements for Jamaica, officials highlighted a promising outlook, with expected sustained
Bangladesh’s exports for February fell below the USD 5.24 bln target, reaching USD 38.45 bln during July-February, up 3.71% YoY but missing the USD 41.12
Moody’s revised India’s 2024 growth forecast to 6.8% from 6.1%, following strong economic performance, including an 8.4% growth rate from October to December 2023. The
Pakistan’s Election Commission has barred pro-Imran Khan legislators from occupying reserved parliamentary seats for women and minorities, following an election tainted by allegations of manipulation.
Thailand’s PM Thavisin advocated for a 25 bps rate cut, arguing it would benefit the economy without causing significant capital outflows or weakening the baht.
Poland, supported by Lithuania, plans to urge the EU to ban food imports from Russia and Belarus, aiming to enhance regional security and protect local
Russian oil refineries have rapidly recovered from Ukrainian drone strikes, with processing rates rebounding in late February. The country’s refineries processed 5.44 mln bpd in
Russia and Kazakhstan have shifted over 80% of their mutual trade settlements to national currencies, moving away from the dollar and euro, according to Russian
Serbia’s upcoming CPI data release is scheduled for March 12, with the central bank’s rate decision due this Thursday. Governor Tabakovic anticipates inflation returning to
Israel’s postponement of high-level talks in Cairo has tempered expectations for an immediate ceasefire agreement with Hamas. Mediation efforts by the US, Egypt, and Qatar
Egypt’s Finance Ministry plans to issue 26 T-bills and bond tenders totaling EGP 459.5 bln in March, part of a broader strategy to borrow EGP
Ghana faces a potential loss of USD 3.8 bln in World Bank funding if the recently passed anti-LGBTQ bill is enacted, risking the financial support