Malaysia
Malaysia’s government spending in the first five months of 2024 accounted for 53.9% of the year’s target, indicating high expenditure. Officials are focusing on reforming
July 5, 2024
Malaysia’s government spending in the first five months of 2024 accounted for 53.9% of the year’s target, indicating high expenditure. Officials are focusing on reforming
Sri Lanka secured an extension to repay its debt to official creditors, with an 8-year extension on principal repayments and a grace period until 2028.
Hungary’s PM Viktor Orban visited Ukraine for the first time since the Russian invasion began in 2022, following Hungary assuming the EU’s rotating presidency. Known
Azerbaijan’s President Aliyev indicated that a peace treaty with Armenia could be finalized within months. He highlighted that there has been considerable progress in bilateral
Azerbaijan is reportedly negotiating with the Asian Development Bank to secure a loan aimed at expanding its gas pipeline network to Europe, enhancing energy supply
Moldova will remain a neutral country as long as the majority of its citizens support its neutrality, Moldovan Foreign Minister Mihai Popsoi said. Popsoi further
Israel intensified military operations in Gaza, ordering evacuations in Khan Younis in anticipation of further assaults. Despite ongoing efforts, Israeli officials indicated that the full
Angola’s GDP expanded by 4.6% YoY in Q1 2024, the fastest pace since Q1 of 2015, mainly driven by growth in the oil sector. This
Anti-government protests resumed in Kenya with demonstrators rallying against state corruption and wasteful spending. The Kenya National Commission on Human Rights reported at least 39
Namibia’s current account deficit widened to 11.4 bln Namibian dollars in Q1 2024, up from 8 bln the previous year. Additionally, government debt increased by
Nigeria’s private sector showed signs of stagnation in June, with the Stanbic IBTC Bank PMI indicating a slowdown in output and new orders due to
TotalEnergies SE plans to exit its gas-condensate discoveries off South Africa to focus on projects nearer to Namibia. This potential exit could impact South Africa,
Tunisia’s economic activity is projected to accelerate in H2 2024, driven by tourism and exports to Libya, according to Finance and Economy Boughdiri. Despite modest
Costa Rica recorded a current account deficit of USD 192 mln (0.2% of GDP) in Q1 2024, an improvement from the USD 324 mln (0.4%
Paraguay’s annual inflation rate decreased slightly to 4.3% in June 2024, down from 4.4% the previous month. This reduction was primarily due to slower food