Paraguay
Paraguay’s Finance Ministry canceled PYG 2 tln (USD 256 mln) in short-term advances obtained from the central bank earlier this year. The financing was initially
October 4, 2024
Paraguay’s Finance Ministry canceled PYG 2 tln (USD 256 mln) in short-term advances obtained from the central bank earlier this year. The financing was initially
Argentina’s central bank bought USD 110 mln in the official market, marking the fourth consecutive FX purchase above USD 100 mln. In October, total FX
Senegal plans to take swift action to reduce its budget deficit after Moody’s downgraded the country’s long-term debt rating from Ba3 to B1. The downgrade
Fitch affirmed Rwanda’s rating (IDR) at B+., with a Stable Outlook. The rating reflects the low GDP per capita, persistent budget and current account deficits,
Kenya has formally asked the IMF to conduct an in-depth assessment of the effects of corruption and mismanagement of state resources on its public finances.
Ghana and the IMF have reached a staff-level agreement for an additional USD 360 mln in funding, pending final approval by the IMF board in
Egypt is working to regain its spot in the JPMorgan Chase & Co. bond index, which is tracked by more than USD 200 bln in
Uzbekistan’s economy grew by 6.4% YoY in H1 2024, according to the IMF. CPI inflation rose from 8% in April to 10.5% in recent months,
Azerbaijan’s FX reserves reached USD 11.796 bln, up 0.1% from the previous month and 20.6% YoY. The monetary base also increased by 1.7% from the
The European Commission believes it is possible to replace Russian gas transiting through Ukraine, as sufficient infrastructure capacity exists to source gas from alternative suppliers.
Vietnam’s economy grew by 7.4% YoY in Q3 2024, exceeding expectations, driven by strong manufacturing and exports. However, the economy faces challenges after a severe
Sri Lanka’s new government has approved a controversial restructuring of USD 14.7 bln in foreign commercial credit, a deal tentatively agreed upon by the previous