Bangladesh
Bangladesh eased a nationwide curfew, allowing banks and the garment sector to reopen after protests caused significant economic damage, estimated at 100 bln taka (USD
July 26, 2024
Bangladesh eased a nationwide curfew, allowing banks and the garment sector to reopen after protests caused significant economic damage, estimated at 100 bln taka (USD
Goldman Sachs suggested that China is conserving fiscal resources in anticipation of potential economic challenges from a Trump presidency, who has threatened to impose 60%
The Philippines’ government budget deficit narrowed to PHP 209.1 bln in June 2024, as revenues grew by 10.9% to PHP 296.5 bln. Government spending increased
Japan has resumed Yen loan projects in Sri Lanka, previously suspended due to the nation’s 2022 default. Following Sri Lanka’s official creditor debt restructuring, Japan
Ukraine’s GDP warrants rallied to their highest since early 2022, trading at 58 cents on the USD, following a restructuring agreement on external debt. This
Ukraine’s Foreign Minister, Dmytro Kuleba, stated that Ukraine is open to negotiations with Russia, conditional on Moscow demonstrating a genuine intent to engage in “good
Azerbaijan’s President Aliyev again referred to parts of Armenia as “Western Azerbaijan” in historical reference, reiterating that the Azeri side is waiting for clarity from
Moldova’s breakaway pro-Russia region of Transnistria registered a record increase in trade with the EU in 2024, with exports reaching more than 80%, up 10%
African nations, including South Sudan, Zimbabwe, and Nigeria, are increasing their gold reserves to counter currency devaluation and inflation. Nigeria’s discussions about using gold to
Kenya plans to raise KES 50 bln (USD 377 mln) through the sale of additional infrastructure bonds next month, reopening two tax-free securities from last
Lesotho’s central bank held its benchmark interest rate at 7.75%, maintaining the net international reserves target floor at USD 760 mln. The domestic economy is
South Africa’s annual inflation decreased to 5.1% in June 2024 from 5.2% in the previous two months, marking the lowest rate since December 2023. Core
Argentina’s central bank has facilitated access to the official FX market for importers, effective August. Importers can now pay for goods through the official market
CAF disbursed USD 350 mln to Colombia to support various projects in the 2022-2026 national development plan. For 2024, Colombia anticipates meeting its USD 5.7