Jamaica
Jamaica will receive USD 253 mln from the IMF following the successful third review under its PCI and RSF. This funding acknowledges Jamaica’s effective economic
September 2, 2024
Jamaica will receive USD 253 mln from the IMF following the successful third review under its PCI and RSF. This funding acknowledges Jamaica’s effective economic
The Dominican Republic’s central bank cut its benchmark interest rate by 25 bps to 6.75%, reflecting eased global financial conditions and solid domestic economic activity.
Costa Rica proposed a national budget of approximately USD 23.6 bln for 2025, marking a 1.9% decrease from the current year’s budget. The proposal maintains
Fitch commented on Costa Rica’s fiscal performance in H1 2024, noting a stagnation in positive fiscal momentum. Revenue growth of 1.6% was outpaced by expenditure
Fitch Ratings downgraded Uganda’s rating (IDR) to B from B+, with a stable outlook. The downgrade is due to increased fiscal risks, high financing needs,
The South African rand reached a 13-month high, driven by optimism about the country’s economic prospects and expectations of Fed rate cuts. The rand appreciated
Fitch affirmed the Republic of Congo’s rating (IDR) at CCC+. This rating reflects the nation’s high government debt, dependence on oil revenues, and historical governance
Kenya’s annual inflation rate edged up to 4.4% in August, a slight increase from 4.3% in July. Despite this, the central bank cut its benchmark
Egypt obtained a EUR 250 mln loan from the AIIB to upgrade the Abu Qir railway line in Alexandria. This loan, repayable over 18.5 years
Ukrainian President Volodymyr Zelensky proposed a summit in India to discuss ending the ongoing conflict with Russia. This initiative follows Indian PM Modi’s recent visit
Russian President Putin plans to visit Mongolia on September 3, his first visit to an ICC member state since an arrest warrant was issued against
Sri Lanka’s annual inflation rate fell dramatically to 0.5% in August, down from 2.4% in July, the lowest since the country declared bankruptcy in April
India’s GDP growth slowed to 6.7% in Q1 FY24/25, down from 7.8% in the previous quarter. That marks the slowest growth in five quarters, with