Bangladesh
Bangladesh is seeking over USD 1.5 bln in budget support from development partners to alleviate pressure on its FX reserves amid rising external loan repayments
April 25, 2024
Bangladesh is seeking over USD 1.5 bln in budget support from development partners to alleviate pressure on its FX reserves amid rising external loan repayments
Pakistan’s inflation decelerated to 20.68% YoY in March, marking the third month of easing, down from 23.06% in February. This slowdown, attributed to record borrowing
The USD reached a rate of 300 Sri Lankan rupees for the first time since June 13, 2023, showcasing the rupee’s recent gains against the
US Republican Mike Lawler, after meeting with Speaker Johnson, stated that he is “confident” of a vote on the Ukraine aid bill shortly after the
Meanwhile, Russia continued its daily strikes on critical Ukrainian infrastructure, hitting energy facilities in the south and far Western region of Lviv. Electricity has been
Armenian Minister of Foreign Affairs Mirzoyan has stated in an interview with the Russian ITAR-TASS agency that the country is seeking closer relations with the
Kazakhstan’s inflation stood at 0.7% MoM in March. Due to a strong base effect from last year, this was sufficient to push annual inflation down
Serbian President Vucic has nominated Deputy PM and Defense Minister Vucevic as the country’s next PM, succeeding Brnabic, now Speaker of the National Assembly post-December
The IMF advised Algeria to consider tightening monetary policy to address inflationary pressures expected from an increase in fiscal deficit and financing needs. The inflation
The IMF expects to conclude the third review of Egypt’s program by the end of June, which would release USD 820 mln. Subsequent reviews will
Mauritius saw an improvement in its current account deficit to USD 145 mln in Q4 2023, a decrease from USD 298 mln the previous year.
S&P upgraded its outlook on Morocco from stable to positive, recognizing the nation’s resilience and commitment to reforms. Morocco’s budget deficit fell to 4.4% of
Following a meeting of Nigeria’s MPC on Wednesday, the central bank reported a significant USD 1.5 billion foreign exchange inflow on Friday, suggesting potential for
Nigeria’s Central Bank has significantly raised the minimum capital requirements for banks, aiming to strengthen the sector amid economic challenges. The capital requirement for international
Opposition candidate Bassirou Diomaye Faye secured over 54% of the vote in Senegal’s presidential election. The provisional results, confirmed by the Constitutional Council, signal a
The UNHCR and its partners have called for USD 1.4 bln in funding to support over two million South Sudanese refugees across five African countries,
Colombia faces potential power outages due to low water reservoir levels affecting the hydroelectric system amid drought conditions brought on by El Nino. With hydropower
Bloomberg Intelligence noted that Peru’s labor market conditions, which usually trail the activity cycle, showed minimal impact from the economic downturn in 2023 on employment.