China
Bangladesh is negotiating a USD 5 bln loan from China to support its FX reserves and provide financing for raw material imports for exporters. The
July 8, 2024
Bangladesh is negotiating a USD 5 bln loan from China to support its FX reserves and provide financing for raw material imports for exporters. The
S&P indicated that India could see a rating upgrade if the combined budget deficit of the central and state governments falls below 7% of GDP.
Laos’ external debt payments nearly doubled to USD 950 mln in 2023. Total public and publicly guaranteed debt reached USD 13.8 bln, representing 108% of
Pakistan anticipates finalizing a staff-level agreement with the IMF for a bailout package exceeding USD 6 bln within the next three to four weeks. This
Albania’s central bank lowered its key policy rate to 3% from 3.25% in July 2024, reflecting positive economic indicators such as increased activity, employment, wages,
Armenia’s annual inflation rate increased to 0.8% in June 2024, up from 0.3% in May. Monthly consumer prices dropped by 0.9% in June, following a
The Services PMI in Kazakhstan dropped to 50.2 in June 2023 from 50.5 in May, indicating the weakest expansion in the ongoing growth sequence. Service
Mongolia’s central bank held its benchmark interest rate steady at 11% after reducing it by 100 bps in May. The decision was influenced by a
The IMF completed the first review under Jordan’s EFF, granting access to USD 130 mln due to the country’s resilient economic policies and structural reforms.
Kenya’s GDP grew by 5% in Q1 2024, slightly slower than the previous quarter’s 5.1% growth, driven by robust agricultural output, although heavy rains and
Morocco’s trade deficit shrank nearly 15% in Q1 2024 to MAD 10.7 bln (USD 1 bln). The country’s exports are projected to grow annually by
Zambia received an additional USD 200 mln in grants from the World Bank to address the severe drought affecting the country. This funding is part
Jamaica recorded a JMD 5.4 bln primary surplus in May, a decrease from the previous year’s JMD 10.5 bln. The overall fiscal deficit widened to