Pakistan
Pakistan’s central bank lowered its benchmark interest rate by 150 bps to 20.50%. This adjustment comes as consumer prices continued to ease for the fifth
June 14, 2024
Pakistan’s central bank lowered its benchmark interest rate by 150 bps to 20.50%. This adjustment comes as consumer prices continued to ease for the fifth
Thailand is looking to boost its economy by attracting an additional 1 mln foreign tourists, raising its target to 36.7 mln visitors this year to
Armenia’s Ministry of Foreign Affairs indicated that a peace agreement with Azerbaijan could be signed within a month, with most of the text already finalized.
S&P affirmed Azerbaijan’s credit rating at BB+ with a stable outlook. The rating agency noted potential risks that could lead to a downgrade, such as
At the Kyrgyz Republic International Energy Investment Forum in Vienna, Prime Minister Japarov highlighted 12 clean energy projects valued at USD 16 bln. These initiatives
Iraqi PM Al-Sudani discussed linking China’s Belt and Road Initiative with Iraq’s Development Road project to develop energy and infrastructure projects. This collaboration aims to
Botswana is negotiating to increase its ownership in De Beers as Anglo American prepares to divest its stake in the diamond company. Officials seek a
Egypt’s inflation rate declined to 28.1% YoY in May, down from 35.2% the previous month, marking the slowest pace since late 2022. This decline was
Barclays strategists suggest there could be a significant appreciation of the South African rand if a market-friendly grand coalition involving the Democratic Alliance forms. That
Fitch assigned a CCC+ rating to Zambia’s upcoming USD bonds, set for issuance on June 11, 2024. Concurrently, Zambia’s IDR remains at RD. The rating
Argentina’s market assets are showing instability. Benchmark USD notes have been declining, and the parallel exchange rate has dropped by about 5% against the USD
According to Fitch, Paraguay is effectively progressing on its fiscal consolidation plans for 2024. The country’s 12-month rolling fiscal deficit has narrowed to 3.4% of