Peru
Peru’s Fiscal Council expressed concerns over recent fiscal policies, which it believes have contributed to a significant deterioration in its fiscal strength. The Council noted
October 10, 2024
Peru’s Fiscal Council expressed concerns over recent fiscal policies, which it believes have contributed to a significant deterioration in its fiscal strength. The Council noted
Guatemala’s current account surplus rose to USD 1.19 bln in Q2 2024, up from USD 509.6 mln in Q1, according to the central bank. Economic
Zambia’s Energy Regulation Board announced emergency tariffs starting November 1 to fund power imports, aiming to reduce blackouts from 21 to 17 hours daily. State
South Africa’s central bank Governor Kganyago stated that inflation could dip below 4% in the coming months, allowing for more policy flexibility after the bank’s
Ivory Coast has reached a staff-level agreement with the IMF, paving the way for a potential USD 825 mln disbursement. This includes USD 498 mln
Ghana completed a bond exchange process, issuing USD 9.4 bln in new bonds as part of its debt restructuring. Investors had two options: the DISCO
In their first call since August, US President Biden expressed concerns to Israeli PM Netanyahu about a possible Israeli strike on Iran’s nuclear facilities, which
Uzbekistan will receive a transition period of 2-3 years upon joining the WTO, according to Deputy Chairman Mubin Mirzaev. During this period, Uzbekistan will align
Serbia’s central bank held its key interest rate at 5.75%, following a recent shift towards easing after significant tightening in response to record-high inflation. Although
EC President Ursula von der Leyen announced a record EUR 1.8 bln support package for Moldova to aid in its EU accession journey. The funding,
Armenian PM Pashinyan announced that Armenia is prepared to allow simplified border controls for goods moving between Azerbaijan and its Nakhichevan exclave, highlighting this as
EU Ambassadors greenlit a plan for a EUR 35 bln loan to Ukraine, secured by frozen Russian Central Bank (CBR) assets as collateral. This loan
Pakistan’s central bank reported a USD 106 mln increase in FX reserves for the week ending October 4, bringing total reserves to USD 10.8 bln.
Myanmar’s military government approved USD 223.1 mln in foreign direct investment from April to September 2024, a 54% YoY decrease. That compares to USD 484.2
Malaysia and the UAE have finalized a Comprehensive Economic Partnership Agreement aimed at reducing tariffs, lowering trade barriers and expanding investment opportunities. In H1 2024,
With recent economic data showing a weaker GDP in Q2, inflation dropping below target, and a 50-bps rate cut by the Fed, Bloomberg economists forecast