Colombia
Colombia’s Finance Ministry emphasized that a decentralization reform needs an accompanying bill to ensure fiscal sustainability. The reform increases transfers to local governments but requires
October 24, 2024
Colombia’s Finance Ministry emphasized that a decentralization reform needs an accompanying bill to ensure fiscal sustainability. The reform increases transfers to local governments but requires
Argentina secured USD 8.8 bln in financing from the World Bank and the IDB. The World Bank’s USD 2 bln will support social programs, including
Mozambique’s ruling-party candidate, Daniel Chapo, was declared the winner of the presidential election with 70.67% of the vote, securing 195 of 250 parliamentary seats. Opposition
Mali’s junta completed nationalizing a gold mine from South African and Canadian companies, increasing state control over the gold sector. The foreign firms previously held
The IMF’s chief will visit Egypt to discuss an USD 8 bln loan program amid regional turmoil. The IMF says current macroeconomic conditions still justify
Angola is in discussions with the IMF for a new support program, exploring options like the extended fund facility and stand-by agreements. With most revenues
Turkish airstrikes targeted 47 sites in northern Iraq and Syria in retaliation for an attack in Ankara attributed to Kurdish militants. The Ankara assault followed
Israel’s central bank chief, Amir Yaron, expects the current multi-front conflict to continue into early 2025, easing within a month. This unusual forecast, spurred by
The EC approved the reform agendas of Albania, Serbia, Montenegro, Macedonia and Kosovo. The move unlocks future funding under the regional EUR 6 bln EU
Vietnam’s central bank is assessing a plan to phase out the credit growth quota policy, which has capped commercial bank credit expansion this year. The
Sri Lanka plans to begin swapping its defaulted dollar debt for new bonds in November, with trading of the new notes expected to start in
Indian sovereign bonds face short-term pressure due to the central bank’s hawkish stance, US bond selloffs, lower banking liquidity, and capital outflows to China, according