Peru
Peru’s central bank’s recent survey showed stable growth, inflation, and exchange rate forecasts. Real GDP growth projections for 2024 increased slightly from 2.8%-3.0% to 2.9%-3.0%,
November 11, 2024
Peru’s central bank’s recent survey showed stable growth, inflation, and exchange rate forecasts. Real GDP growth projections for 2024 increased slightly from 2.8%-3.0% to 2.9%-3.0%,
Costa Rica’s central bank attributed the worsened fiscal outlook and delayed debt reduction targets to opposition-led legislative initiatives. The debt-to-GDP ratio, previously expected to fall
Colombia’s government will issue a decree to expand the 2024 budget spending cut to COP33 trillion (1.9% of GDP) to meet the fiscal rule. This
Zambia’s worst drought in over a century is pushing the kwacha toward record lows, with the currency weakening for 13 consecutive sessions against the USD,
Uganda secured a USD 136.95 mln financing deal with Citibank to construct the 97-kilometer Lusalira-Nkonge-Lumegere-Ssembabule Road, a key infrastructure project aimed at improving connectivity and
Nigeria expects proposed changes in its tax laws to significantly boost revenues as it seeks to control its growing deficit and borrowing costs. The plan
Nigeria expects a 30% increase in crude and condensate output, aiming to reach 2 mln bpd by year-end, up from 1.54 mln in September. This
Ghana’s currency appreciated for the second consecutive day after the central bank sold USD to stabilize the cedi. The currency gained 0.2% to 16.3 per
Mongolia’s foreign trade turnover grew by ca. 14% in the first 10 months of 2024, with nearly 90% of exports being mining products. Coal exports
Irina Vlah, leader of the Moldovan Inima Moldovei (PRIM) party and former Gagauzia governor, stated they will “do everything to topple President Maia Sandu’s regime”
Kazakhstan’s international reserves, including National Bank gross reserves and National Fund assets, fell 0.5% in October but rose 11.1% year-to-date to USD 106.6 bln. Reserves
Georgian Parliament Speaker Shalva Papuashvili refused to meet visiting heads of EU parliamentary committees for foreign relations, accusing some of having an “unfriendly attitude” towards
Belarus will allocate around USD 3 bln to repay external debt in 2025, with an additional USD 1.5 bn for debt servicing. The ministry expects
The minutes from Ukraine’s central bank meeting revealed that most policymakers expect the key rate to remain at 13% in the coming months. One member
Vietnam’s central bank reaffirmed its commitment to selling USD to maintain stability in the dong and ensure macroeconomic stability. The bank aims to curb inflation
Bangladesh’s annual food inflation surged to 12.66% in October, up from 10.40% in September, pushing overall inflation to 10.87%. In response, Bangladesh’s interim government and
Crude oil prices fell 3.3% to just above USD 68/barrel on Monday after China’s economic stimulus measures failed to meet expectations, raising concerns about demand