Bangladesh
Bangladesh is seeking a total of USD 5 bln from several major international lenders to bolster its FX reserves amid financial pressures. The government has
September 13, 2024
Bangladesh is seeking a total of USD 5 bln from several major international lenders to bolster its FX reserves amid financial pressures. The government has
Electricity exports from Russia dropped by 35% in 2024 compared to the previous year, primarily due to a significant reduction in exports to China, which
Azerbaijan reported a GDP growth of 4.3% YoY for the first eight months of 2024, totaling ca. USD 47.6 bln. The non-oil and non-natural gas
Kazakhstan’s gross international reserves, including gold and FX reserves, rose by 2.2% in August and 11.2% from January to August, reaching a total of USD
From January-August 2024, Kyrgyzstan’s GDP grew by 6.6%. The growth was particularly strong in goods-producing sectors, with significant expansions in construction (39.2%), electricity and utilities
The Angolan kwanza has dropped to its lowest value against the USD in 25 years, falling to 939.24. This depreciation is attributed to weaker oil
Ghana recorded a significant drop in its annual inflation rate to a 29-month low of 20.4% in August, down from 20.9% in July. This decrease,
Mozambique’s annual inflation rate dropped to 2.75% in August, the lowest rate since August 2020, with a decrease in education and food prices contributing to
Nigeria successfully raised USD 900 mln through its inaugural domestic sale of USD-denominated bonds, nearly doubling its initial target due to strong local demand. The
Costa Rica’s poverty rate fell to 20.5% in May, a decrease from the previous year, while extreme poverty also saw a slight reduction to 5.9%.
The IMF concluded its Article IV consultation with the Dominican Republic, commending the country’s economic and institutional policies which have supported strong growth and low
The US Secretary of State discussed a range of issues with the leader of the Dominican Republic, including human rights and regional security, with a