India
IMF’s Managing Director, Georgieva, emphasized the importance of central banks maintaining their stance against inflation, particularly during a year when over 60 countries, including the
April 17, 2024
IMF’s Managing Director, Georgieva, emphasized the importance of central banks maintaining their stance against inflation, particularly during a year when over 60 countries, including the
The Afghan Taliban’s administration has countered Pakistan’s claims about terrorist safe havens in Afghanistan, emphasizing their policy against allowing militant operations within their territory. This
Indonesian bonds have seen a net outflow of USD 1.1 bln from international investors post-election amid concerns over increased fiscal spending following election promises. This
Malaysia’s central bank expects the country’s economy to grow between 4% and 5% in 2024, according to the central bank’s Economic and Monetary Review 2023
Pakistan International Airlines’ shares surged 7.5%, culminating in a 607% increase since August of the previous year, driven by the government’s privatization efforts. The airline’s
Sri Lanka has received preliminary approval for the subsequent disbursement under its USD 3 bln IMF bailout, contingent on fulfilling certain preconditions and progressing in
Ukraine’s air defenses successfully intercepted 31 missiles aimed at Kyiv in the first significant attack since February, resulting in 13 injuries but no fatalities, highlighting
Amid rising concerns of renewed conflict between Armenia and Azerbaijan, top EU and US officials plan to meet with the Armenian PM. The PM recently
Kyrgyz President Japarov has engaged with the China State Railway Group to advance the construction of a railway linking China, Kyrgyzstan, and Uzbekistan. This project
Serbia’s 1-year ahead inflation expectations dropped to 4.2% from 4.5% in January, remaining in the central bank’s target range of 1.5-4.5%. The bank noted further
The Houthi group in Yemen has reportedly assured China and Russia that their vessels can navigate safely through the Red Sea and Gulf of Aden
Jordan’s PM engaged with the UAE Minister of Investment to reinforce bilateral investment and development cooperation. They reviewed progress on projects from memorandums signed worth
IMF officials are in Ethiopia to discuss a new support framework as the country approaches the expiration of a debt-service suspension deal. Ethiopia seeks to
Kenya’s economic growth projection for this year has been revised upward to 6.3% from the previously estimated 6.1% in 2023, surpassing the earlier forecasts of
Mozambique has established an institution to oversee over USD 537 mln, mainly funded by the Millennium Challenge Corporation (MCC), to enhance economic development. This new
Nigeria’s naira appreciated significantly in both official and parallel markets following the Central bank’s announcement that it had cleared a USD 7 bln backlog of
Rwanda is set to continue its robust economic growth into 2024, with a growth momentum driven by investments in the construction and tourism sectors. The
Argentina’s GDP contracted by 1.9% QoQ in Q4 2023, leading to a year of recession. The economy saw a 1.4% YoY decline in the same
Brazil’s central bank cut the Selic rate by 50 bps to 10.75%, signaling an additional identical cut in the forthcoming meeting, hinting at smaller subsequent
Colombia’s government is requesting an increase in the debt ceiling by USD 17.6 bln, a move necessitated by the repayment obligations of loans exempted from
The Dominican Republic is on track to surpass its expected economic growth, potentially exceeding the 5% mark as projected by the country’s economy minister. This
Mexico is anticipated to reduce its benchmark interest rate by 25 bps to 11%, aligning with the regional trend of easing monetary policy. Despite the