Day: November 14, 2024

Paraguay

An IMF team concluded its visit to Paraguay for the 4th Review of the PCI and the 2nd Review under the RSF, which are expected

Brazil

Brazil’s economy grew more than expected in September, supporting the central bank’s concern that inflation control efforts are being challenged by strong economic activity and

Bolivia

Bolivia authorized private companies to import fuel for domestic sales at international prices for one year amid increasing shortages, Energy Alejandro Gallardo announced. Previously, only

Mozambique

Deadly protests in Mozambique, following disputed elections last month, have increased the risk that the government will struggle to service its domestic debt, according to

Kenya

Kenya’s FX reserves reached their highest level in three years as capital inflows increased, helping stabilize the currency amid a broader emerging market sell-off. Reserves

DR Congo

The IMF and the DR Congo have agreed on two new loan programs totaling nearly USD 3 bln. The first program, an ECF, provides around

Botswana

Botswana’s new president, Duma Boko, appointed Kenewendo as mines minister to help secure a deal with De Beers that aims to maximize the benefits from

Moldova

Moldovan PM Recean stated that Russia spent ‘around 2% of Moldova’s GDP’ to rig the 20 October EU referendum and the October-November presidential election. He

Kazakhstan

Kazakhstan will borrow USD 680 mln from the AIIB and the ADB to plug its budget deficit. Earlier, the finance ministry decided to increase the

Russia

Ukraine’s sovereign USD bonds extended gains Thursday as the markets grow more confident the war with Russia will end soon under a Trump presidency. The

Malaysia

Malaysia’s economy grew 5.3% YoY in Q3 2024, in line with preliminary estimates but slower than the 5.9% growth in Q2. The slowdown was due

India

India’s trade deficit widened significantly in October, driven by higher imports during the Hindu festival season, despite strong export growth. The trade gap reached USD