Afghanistan
Afghan forces engaged in a counterattack against Pakistani military installations along the border, responding to Pakistani air strikes in eastern Afghanistan that resulted in eight
April 12, 2024
Afghan forces engaged in a counterattack against Pakistani military installations along the border, responding to Pakistani air strikes in eastern Afghanistan that resulted in eight
Pakistan’s central bank held its key interest rate at a historically high 22% amid ongoing negotiations with the IMF, which advocates for stringent monetary policies
The ADB provided a USD 100 mln loan to support Sri Lanka, particularly aimed at bolstering small and medium-sized enterprises (SMEs) with credit lines to
Thailand and the US have agreed to establish a joint working group to explore US investment opportunities in Thailand’s semiconductor industry, positioning Thailand as a
Vietnam’s parliament plans to convene a special session to address potential changes in presidential leadership amid increasing anti-corruption efforts. This session might consider the resignation
The US has denounced Russia’s recent presidential election as neither “free nor fair,” with results showing President Vladimir Putin securing approximately 87% of the votes.
Ukraine experienced a GDP growth of 3.6% in the first two months of 2024, as stated by Economy Minister Yulia Svyrydenko. This growth was propelled
Georgia is initiating a new tender for the Anaklia deep-water sea port project, initially awarded in 2016 but canceled in 2020. This port is crucial
Mongolia’s FX reserves have reached a record high of USD 5 bln. This increase is expected to bolster the private sector’s financial activities, enhance the
The Asian Infrastructure Investment Bank (AIIB) is investing USD 670 mln in Uzbekistan to support comprehensive reforms across various sectors, including energy, agriculture, rail, and
Angola has reached a debt-relief deal with China, potentially freeing up USD 150 mln to USD 200 mln monthly for Angola. This arrangement, part of
S&P has affirmed Botswana’s credit rating at BBB+ with a stable outlook, anticipating the country to continue displaying a robust net external asset position and
The World Bank Group has proposed over USD 6 bln in support for Egypt for the next three years, with USD 3 bln designated for
Analysts noted that Ghana’s cedi remains vulnerable, continuing its downturn as the third-worst performing African currency this year, with a more than 7% depreciation against
Morocco experienced an 8% YoY increase in manufacturing production in Q4 2023, marking the most substantial growth since the second quarter of 2021, propelled by
The Islamic Development Bank will provide a USD 125 mln financing package to Nigeria to support the Abia State Integrated Infrastructure Development project to improve
The World Bank has sanctioned two loans totaling USD 520 mln to support Tunisia in tackling food security challenges and reducing regional disparities. A USD
Uganda’s total public debt increased to USD 23.86 bln by the end of September, with external debt rising to USD 14.64 bln QoQ and domestic
Zambia is preparing to import between 200k to 500k tons of corn to mitigate a predicted shortfall following the 2023-24 harvest, aligning with efforts to
Bolivia has implemented two strategic measures to mitigate FX shortages and enhance foreign reserves. The introduction of Supreme Decree 5135 increases ethanol blending in gasoline
Brazil’s government is planning a temporary budget freeze ranging between 5 bln reais (USD 1 bln) and 15 bln reais (USD 3 bln) to adhere
Colombia’s economic activity indicator rose to 1.6% YoY in January, accelerating from a 0.1% growth in the prior month, driven by significant increases in primary