Dominican Republic
According to Moody’s the Dominican Republic’s credit strengths, such as robust growth dynamics and manageable liquidity risks, are offset by weaker fiscal and institutional frameworks.
September 24, 2024
According to Moody’s the Dominican Republic’s credit strengths, such as robust growth dynamics and manageable liquidity risks, are offset by weaker fiscal and institutional frameworks.
Brazil’s central bank undertook on a tightening cycle, raising interest rates amid stronger-than-anticipated economic activity and inflation persistently above the 3% target. The initial rate
Uganda’s public debt rose by 8% YoY to USD 25.6 bln, primarily due to increased domestic borrowing, which escalated to USD 11 bln from USD
In a move to curb inflation and support the naira, Nigeria’s central bank unexpectedly increased its borrowing rate by 75 bps to a record 27.25%.
Morocco’s central bank held its interest rate at 2.75%, opting to assess the impacts of a recent unexpected rate cut on inflation, which remains above
Ghana’s central bank governor emphasized the need for banks to bolster their fraud prevention strategies following a notable increase in monetary losses linked to fraudulent
Egypt negotiated a deal with Israel to boost its gas imports by 20%, escalating the volume to 1.2 bln cubic feet per day starting in
Kazakhstan recorded a GDP growth of 3.7% from January to August 2024, with significant contributions from sectors like construction (8.8%) and transportation (7.9%). The nation’s
Western officials sought to lower expectations for the plan to end the war that Ukrainian President Zelensky is presenting in New York this week, saying
Russia plans to maintain defense spending at a historic high in 2025 and sees only slight declines in the following two years as President Putin’s
Moody’s anticipates that Sri Lanka’s reform agenda and macroeconomic policies will remain stable under the new presidency of Anura Kumara Dissanayake. The rating agency foresees
In a coordinated move, the China’s central bank cut the 14-day reverse repo rate and announced a major economic briefing, signaling a more aggressive stance
Bangladesh’s central bank raised its overnight repurchase agreement rate by 50 bps to 9.5% and intends to maintain a contractionary monetary stance until inflation aligns