Day: November 5, 2024

Dominican Republic

The Dominican Republic’s economic activity index (IMAE) grew by 4.7% YoY in September, slowing from 5.6% in August, likely due to a 2.1% drop in

Bolivia

Bolivia’s economy grew by 3.8% YoY in Q2 2024, up from 1.3% in Q1, driven by net exports despite a 1.4% drop in domestic absorption

Morocco

IFC and MIGA partnered with Tanger Med to advance Morocco’s role as a global trade hub, enhancing its truck and passenger terminal. A consortium led

Cote d’Ivoire

Ivory Coast secured a EUR 171 mln loan from Standard Chartered to upgrade 43 clinics, including maternity centers, and enhance healthcare access nationwide.

Ethiopia

Ethiopia will issue 900 bln birr (USD 7.4 bln) in 10-year bonds to settle debts of state-owned enterprises, with 846 bln birr allocated to repay

Egypt

Egypt’s central bank issued EUR 600 mln in EUR-denominated treasury bills to refinance a prior issuance. It accepted 19 bids at a 3.5% interest rate,

Israel

Iran plans a counterattack on Israel involving more advanced warheads, the Wall Street Journal reported. Iranian officials, including IRGC Deputy Commander Ali Fadavi, indicated the

Serbia

The Serbian finance ministry reported over RSD 29 bln in consolidated budget surplus for the first nine months of the year. The improved fiscal performance

Moldova

Moldova’s central bank held its interest rate at 3.6% in November, marking its fourth unchanged meeting. Annual inflation rose to 5.2% in September due to

Ukraine

Ukraine and the World Bank signed a nearly USD 600 mln agreement under the Resilient, Inclusive, and Sustainable Enterprise (RISE) program, supporting SMEs, green initiatives,

Vietnam

Vietnam’s annual inflation rose to 2.89% in October from 2.63% in September, while core inflation increased to 2.68%. Meanwhile, the trade surplus for the first

India

The Indian rupee hit a record low against the USD amid large equity outflows, with USD 10.9 bln sold in October. Ahead of the US