Paraguay
Paraguay’s central bank Chief Economist Yunis stated that the monetary policy rate is now within the “neutral range.” While markets had expected an additional cumulative
Paraguay’s central bank Chief Economist Yunis stated that the monetary policy rate is now within the “neutral range.” While markets had expected an additional cumulative
S&P affirmed Jamaica’s BB- rating while revising the outlook from stable to positive. The positive outlook reflects the potential for a rating upgrade within the
Zambia’s annual inflation rate reached a nearly four-year high of 15.6% in September, driven by rising food prices due to an El Niño-induced drought, with
Uganda’s economy expanded by 6.6% YoY in Q2 2024, following a slightly higher 6.7% growth in Q1. That marks one of the strongest growth rates
Nigeria’s central bank announced plans to sell dollars to Bureau de change (BDC) operators to help meet the demand for invisible transactions. Each BDC will
Israeli PM Netanyahu vowed that Israel’s military will continue bombarding Hezbollah targets in Lebanon indefinitely, complicating efforts by the US, European states, and Arab powers
The ADB upgraded its GDP growth forecasts for Uzbekistan to 6% in 2024 and 6.2% in 2025, attributing the expansion to the industrial and construction
Uzbekistan’s deputy Transport Minister announced that construction of the Uzbek section of the China-Kyrgyzstan-Uzbekistan railway will commence in October 2024. The railway corridor, spanning over
Moody’s upgraded Tajikistan’s credit outlook from stable to positive, reflecting improved economic and fiscal conditions alongside enhanced cooperation with international partners. The improved outlook could
The EBRD lowered its 2024 growth forecast for Moldova from 3.5% to 3.2%, citing risks stemming from the expiration of a gas transit agreement with
US President Biden has authorized up to USD 375 mln in aid for Ukraine, focusing on defense articles, services, and military education through the Department
Pakistan acknowledged that it will experience “transitional pain” following the approval of a USD 7 bln relief package from the IMF. Although the country’s economy