China
China targets approximately 5% economic growth this year, maintaining last year’s goal to counter the economic slowdown. This decision reflects Beijing’s effort to stabilize the
April 3, 2024
China targets approximately 5% economic growth this year, maintaining last year’s goal to counter the economic slowdown. This decision reflects Beijing’s effort to stabilize the
Indonesia’s likely next president, Defense Minister Subianto, targets an ambitious 8% economic growth over five years, focusing on expanding the tax base and maintaining fiscal
A WTO panel largely sided with the EU in a dispute against Malaysia regarding palm oil-based biofuel regulations. The conflict, initiated by Malaysia in 2021
The Philippines and China have filed mutual complaints following a recent South China Sea collision during a Philippine military supply mission, where a Philippine-chartered vessel
Sri Lanka plans to assume USD 510 mln of Sri Lankan Airlines’ debt, restructuring the carrier’s finances. The government approved USD 60-70 mln to aid
Thailand’s inflation continued its downward trend for the fifth month in February, influenced by government energy subsidies and a surge in fresh food supplies. The
Ukraine’s top energy official ruled out any commercial agreements for Russian natural gas transit through Ukraine after the current deal ends this year, despite some
Meanwhile, the EU still imports Russian gas through Turkey and Russia remains a key LNG supplier to Western Europe, even as the EU seeks to
Ukraine registered a USD 1.87 bln consolidated balance of payments deficit in January 2024, contrasting with the previous year’s surplus, with a narrowed current account
Armenia witnessed its sharpest deflation in February 2024, with consumer prices dropping 1.7% YoY, marking the fourth consecutive month of decreasing prices, particularly in food
Despite OPEC+ obligations, Kazakhstan will not modify its 2024 oil output forecast, maintaining the production level at 90.3 mln tons, consistent with 2023’s increased output.
Kazakhstan and Russia’s prime ministers discussed enhancing trade and economic ties, reviewing the status of 135 joint ventures valued at USD 26.5 bln and considering
Israel initiated its largest-ever USD bond sale, issuing USD 8 bln across three maturities amidst strong investor demand exceeding USD 34 bln. This move aims
Ghana’s President, Nana Akufo-Addo, awaits a Supreme Court verdict before acting on a controversial bill that intensifies penalties for LGBTQ+ individuals. He reassured international diplomats
Ivory Coast’s Eurobonds rallied following Moody’s credit rating upgrade to Ba2 with a stable outlook, highlighting the economy’s resilience and increased private investments. This places
In its Article IV statement, the IMF warned that Nigeria’s price caps on fuel and electricity might cost up to 3% of GDP in 2024.
Nigerian manufacturers fear an investment drop due to a new levy on foreign workers, costing companies USD 15,000 for director-level and USD 10,000 for other
South Africa narrowly avoided a recession in Q4 2023, with a modest 0.1% GDP growth, compared to a 0.2% contraction in Q3, supported by reduced
Tunisia’s annual inflation rate declined to 7.5% in February, up from 7.8% in January. Food prices rose 10.2% YoY, while housing, water, gas, electricity, and
Uganda’s central bank scheduled an unusual meeting as the shilling hit a new low, influenced by the World Bank’s funding halt over anti-LGBTQ+ laws. The
Colombia achieved a record USD 17.4 bln in FDIs last year, primarily in the oil and coal sectors (43%), despite government plans to phase out
The Dominican Republic reported a 9% YoY increase in remittances in January, following a stable December 2023, driven by steady employment rates in the US
Haiti is under a state of emergency with a night curfew after gangs attacked its largest prisons, and unrest spread to Port-au-Prince, halting flights at
Paraguay’s inflation declined to 2.9% YoY in February, compared to 3.4% in the prior month, mainly driven by a moderation in food and services prices
China targets approximately 5% economic growth this year, maintaining last year’s goal to counter the economic slowdown. This decision reflects Beijing’s effort to stabilize the
Indonesia’s likely next president, Defense Minister Subianto, targets an ambitious 8% economic growth over five years, focusing on expanding the tax base and maintaining fiscal
A WTO panel largely sided with the EU in a dispute against Malaysia regarding palm oil-based biofuel regulations. The conflict, initiated by Malaysia in 2021