Paraguay
Paraguay’s central bank raised its 2023 GDP growth forecast to 4%, up from 3.8%, citing stronger-than-expected performance in the meat and retail sectors. However, the
October 16, 2024
Paraguay’s central bank raised its 2023 GDP growth forecast to 4%, up from 3.8%, citing stronger-than-expected performance in the meat and retail sectors. However, the
Brazil’s government is preparing a package to reduce spending by BRL 30-50 bln. The package, expected to be introduced to Congress following the Oct. 27
Tunisia’s draft 2025 budget projects a deficit of TND 9.8 bln and plans to raise TND 28 bln through borrowing, with 21.9 bln from domestic
Namibia’s central bank cut its key interest rate by 25 bps to 7.25%. Namibia’s currency is pegged to the South African rand, generally aligning its
According to Fitch Ratings, several frontier markets saw a significant economic recovery in Q2 2024, with high GDP growth rates driven by export gains. Countries
Egypt’s trade deficit expanded by 18.3% YoY in July to USD 4.6 bln. Exports rose by 10.7% YoY to USD 3.54 bln, with ready-made clothes
China is prepared to collaborate with Russia and Mongolia to enhance mutual trust, strengthen coordination, and promote deeper trilateral cooperation for the benefit of its
Armenian PM Pashinyan invited Azerbaijani President Aliyev to a meeting with their foreign ministers to finalize a peace treaty text. This request, made informally in
Ukraine’s central bank aims to stabilize the FX market as part of its flexible inflation-targeting policy, with a goal of returning inflation to a 5%
Ukrainian President Zelenskiy proposed measures to shift the war’s momentum in Ukraine’s favor, potentially ending the conflict with Russia by next year. He urged partners
Thailand’s central bank unexpectedly lowered its key interest rate by 25 bps to 2.25%, marking the first rate cut since early 2020 and a move
The Philippines’ central bank lowered its reverse repurchase rate by 25 bps to 6%, also adjusting the overnight deposit and lending rates to 5.5% and
Indonesia’s central bank held its interest rate at 6%. This decision followed a surprise 25 bps reduction in September. The bank added that it will