Carlos Fernández Valdovinos, Paraguay’s Economy Minister, highlighted the Itaipu Binacional hydroelectric plant as Paraguay’s most valuable asset, crucial to ongoing negotiations. Valdovinos emphasized the importance
Dominican Republic Finance Minister Vicente assured that the new Fiscal Modernization Law, which includes removing tax incentives for the tourism sector, will not harm the
Brazil’s annual inflation rate rose to 4.42% in September, as a historic drought drove up electricity and food costs. Policymakers have raised interest rates to
France’s development bank, AFD, is evaluating a second EUR 300 mln loan for South Africa as part of the Just Energy Transition Partnership (JETP). This
Nigeria decided to use the local currency rate from the Nafem window, the central bank’s forex platform, for crude sales to Africa’s largest oil refinery,
Morocco’s GDP grew by 2.8% in Q3 2024, an improvement over the 2.4% average growth in H1 2024. Growth was led by a 3.6% increase
Kenya’s central bank Governor, Kamau Thugge, announced that the country is in the final stages of reaching an agreement with the IMF, combining the seventh
Cameroon’s USD bonds have fallen for three days due to concerns about President Paul Biya’s health, fueling speculation over succession. Biya, 91, has been absent
Angola’s currency, the kwanza, traded at 905 per USD on Wednesday, recovering from a 25-year low of 961 earlier this month. The central bank provided
The G-7 announced the first deal under the Africa Resilience Investment Accelerator (ARIA), providing USD 25 mln through British International Investment to a bank in
Israel’s Defense Minister Yoav Gallant’s scheduled visit to the US has been postponed, as confirmed by the Pentagon. The trip was aimed at coordinating a
Uzbekistan’s FX reserves rose by USD 1.98 bln in September, reaching a total of USD 41.1 bln. The rise is primarily due to higher gold
Mongolia’s inflation rate reached 6.7% YoY in September, with a notable increase in food and non-alcoholic beverage prices, which rose 7.7% and contributed 2.2 pp
Kazakhstan’s gross international reserves, encompassing the central bank assets in gold and foreign currency alongside the National Fund, reached USD 107.21 bln at the end
Georgian PM Kabakhidze outlined a new direction in foreign policy, emphasizing EU integration and enhanced NATO cooperation while maintaining ties with China and Russia. However,
According to the ASEAN+3 Macroeconomic Research Office (AMRO), Vietnam’s economy is forecast to expand by 6.2% in 2024 and 6.6% in 2025. Despite potential food
Pakistan will sign agreements valued at USD 2 bln with a Saudi delegation, visiting from October 9 to 11. These deals come just before Pakistan
Taiwan President Lai Ching-te plans to address growing threats from China, including military exercises and disinformation campaigns, during his first National Day speech. His upcoming
