Bangladesh
Bangladesh is seeking USD 5 bln from major international lenders to boost its FX reserves. Meanwhile, the US has pledged a USD 202.3 mln grant
September 18, 2024
Bangladesh is seeking USD 5 bln from major international lenders to boost its FX reserves. Meanwhile, the US has pledged a USD 202.3 mln grant
Foreign banks have significantly increased their purchases of Indian sovereign bonds, driving the yield on the 10-year government bond down to a two-and-a-half-year low of
Pakistan has secured a USD 600 mln commercial loan from Standard Chartered Bank at a double-digit interest rate of around 11%, the highest borrowing cost
The Ukrainian government has submitted its 2025 budget proposal to the Rada, forecasting a real GDP growth of 2.7% for 2025 and 3.6% for this
The founder of Georgia’s ruling party, Georgian Dream, listed four reasons for seeking a constitutional majority. These include issuing a formal apology to the Ossetian
Askat Alagozov, spokesman for Kyrgyzstan’s President Sadyr Japarov, has urged Kyrgyz citizens working in Russia to return home due to deteriorating security following recent drone
Serbian President Vucic urged Kosovo to conduct elections in the Serb-dominated regions and to reintegrate ethnic Serbs into the police and judiciary as part of
Germany and Uzbekistan have entered into agreements to enhance cooperation, including a significant accord on migration and labor mobility. Other agreements aim to deepen ties
Saudi Arabia’s Crown Prince has directed the kingdom’s sovereign wealth fund to invest USD 5 bln in Egypt, part of a broader USD 57 bln
Kenya’s National Treasury projects a fiscal deficit, including grants, of 689.4 bln shillings (3.5% of GDP) for the fiscal year starting July 2025. Spending is
Nigeria’s annual inflation rate declined to 32.2% in August, a six-month low, down from 33.4% in July. This deceleration presents an opportunity for the central
Rwanda’s economy recorded a 9.8% YoY growth in Q2 2024, slightly up from 9.7% in the preceding quarter. The industrial sector, particularly construction and manufacturing,
Senegal’s USD bonds were the worst performers in a Bloomberg index of emerging and frontier sovereign USD debt after the IMF indicated the nation’s fiscal
Fitch upgraded Tunisia’s rating (IDR) to CCC+ from CCC-, citing increased confidence in the government’s ability to meet its fiscal financing needs due to a
Tunisia’s trade deficit narrowed by 2.2% to 11.92 bln dinars (USD 3.93 bln) in the first eight months of 2024. This improvement was supported by
The IMF is considering easing the surcharges on its loan fees, which were criticized for being punitive before its annual meeting in Washington next month,
Remittances to the Dominican Republic reached USD 7,100 mln during the first eight months of 2024, showing a 5.1% increase compared to the same period
Petroperu’s USD bonds surged after the Peruvian government announced a plan to temporarily assume the company’s debt payments for the latter half of the year.