Jamaica
Jamaica’s economy grew by 0.2% YoY in Q2 2024, following a 1.2% rise in Q1, driven by mining and primary sectors. However, seasonally adjusted figures
October 7, 2024
Jamaica’s economy grew by 0.2% YoY in Q2 2024, following a 1.2% rise in Q1, driven by mining and primary sectors. However, seasonally adjusted figures
S&P affirmed Bolivia’s CCC+ rating with a negative outlook, citing concerns over external debt repayments due by 2026 and constrained external liquidity that may impact
Zambia and the Arab Bank for Economic Development in Africa (BADEA) signed a USD 50 mln agreement to construct the Kalabo-Sikongo-Angola road. Additionally, BADEA committed
Uganda’s central bank cut its benchmark interest rate to 9.75% from 10%, marking its first consecutive rate cut in four years. Annual inflation slowed to
Senegal’s Eurobonds dropped further on Monday after Moody’s downgraded its credit rating further into junk and placed it on watch for another possible downgrade. The
Jordan’s economy grew by 2.4% YoY in Q2 2024, an increase from 2% in the prior quarter, mainly driven by increased agricultural production, while manufacturing
The World Bank approved a USD 800 mln concessional loan to Uzbekistan for private sector development, social protection, and climate change mitigation. The concessional nature
Kosovo’s government announced it will lift a 16-month ban on imports from Serbia at one border crossing, previously implemented to prevent potential arms smuggling for
Serbian government bonds are set to extend gains after S&P upgraded Serbia’s foreign-currency bonds to BBB-, marking the country’s first entry into investment-grade status. This
Thailand’s inflation rose slightly to 0.61% YoY in September, compared to August’s 0.35% increase, driven by elevated diesel prices and increased vegetable prices due to
The Philippines’ gross international reserves rose to a record USD 112 bln at the end of September, up from USD 107.9 billion in August. This
The Maldives will need either significant fiscal reforms or a larger bailout to meet its debt obligations in 2025 and 2026, per Danske Bank. While
China’s top economic planner will outline new measures on Tuesday to bolster growth as expectations for further stimulus from President Xi Jinping’s government rise. Recent
HSBC projects Bangladesh’s economy will grow by 7.1% in FY26, up from a revised 4.5% forecast for FY25, citing macroeconomic adjustments and robust fundamentals supporting
Crude oil prices rose to USD 76/barrel, a six-week high, after a 9.1% gain last week due to rising Middle East tensions. While President Biden