India
According to Bloomberg analysts, India’s interest payments on government debt are expected to decline in the coming years, having peaked at 5.4% of GDP in
May 21, 2024
According to Bloomberg analysts, India’s interest payments on government debt are expected to decline in the coming years, having peaked at 5.4% of GDP in
The Philippines successfully raised USD 2 bln through a two-part dollar bond offering, marking its first international market venture this year. The sale included USD
Sri Lanka’s central bank governor noted that the bank is allowing the exchange rate to float, only intervening to curb excessive volatility. The nation is
Vietnam’s central bank is actively using open market operations to manage liquidity and stabilize the dong amid global currency fluctuations. A significant increase in the
Ukrainian authorities have detained two security officials linked to a Russian-coordinated plot to assassinate President Volodymyr Zelensky and other senior officials. This event underscores ongoing
Armenia reached a staff-level agreement with the IMF on the third review of its stand-by agreement, signaling continued economic and fiscal health. The IMF projects
In Gagauzia, a semi-autonomous region of Moldova, parliament members have ousted Alexandru Tarnavschi from the deputy speaker position. Tarnavschi has been critical of the government’s
Chinese President Xi Jinping’s visit to Serbia marks the 25th anniversary of the NATO bombing of the Chinese embassy during the Kosovo War. This visit
Israeli forces have taken control of the Rafah border crossing in Gaza, halting all aid from Egypt and increasing tensions as they prepare for a
Angola’s central bank resumed selling foreign currency to local banks to stabilize the kwanza, selling USD 200 mln in a recent auction at an average
The IMF approved a disbursement of about USD 71 mln to Guinea under the RCF to address the economic shocks caused by the explosion of
Mauritania is seeking a new developer for the BirAllah offshore natural gas discovery after previous agreements with BP Plc and Kosmos Energy Ltd expired. The
Rwanda plans to increase its FY24-25 budget by 574.5 bln francs, aiming for a total of 5.12 tln. This increase will support healthcare, agriculture, education,
BNP Paribas SA has closed its corporate and investment banking operations in South Africa, continuing a trend seen among other European banks like Barclays Plc
The UN requested USD 228 mln to support Zambia, which is experiencing its driest season in over forty years, severely affecting cereal production and necessitating
Economists in Argentina have significantly revised their inflation forecasts downward for 2024, according to the central bank’s survey. The anticipated year-end inflation rate is now
Bolivia’s inflation rose to 3.5% YoY in April, driven by a 1.6% monthly increase in food prices. This rise comes amid an FX shortage that
Colombia aims to begin implementing its fiscal rule in 2025, a year earlier than planned, to create fiscal space in the upcoming year. Finance Minister
Costa Rica is on a tight deadline to meet the EU’s tax transparency and information exchange standards to be removed from its ‘grey list.’ Despite
The Dominican Republic reported a slight monthly deflation of 0.1% in April, contributing to a CPI increase of 3.0% YoY, which aligns with the lower