Jamaica
Jamaica’s central bank cut its policy rate by 25 bps to 6.25%, marking the fourth consecutive reduction since July. This decision was driven by improved
November 22, 2024
Jamaica’s central bank cut its policy rate by 25 bps to 6.25%, marking the fourth consecutive reduction since July. This decision was driven by improved
Brazil’s Energy Ministry signed a memorandum with Argentina to expand natural gas supplies, aiming to import 30 mln cubic meters per day by 2030. The
The IMF’s executive board will discuss Senegal’s frozen loans in January after a state audit revealed larger-than-expected public debt and deficits. Disbursements of the USD
Rwanda’s central bank maintained its key interest rate at 6.5% for the next quarter to manage inflation, which remained within the target range of 2-8%
Nigerian lawmakers approved a proposal by President Bola Tinubu to borrow USD 2.21 bln from foreign investors to cover a budget shortfall. The funds will
According to Fitch, Mozambique’s sovereign rating could be under pressure if access to financing is restricted. Unrest following the disputed October 9 election could potentially
Mali’s military leader, General Assimi Goita, appointed Major General Abdoulaye Maiga as the new prime minister, replacing Choguel Maiga, who was dismissed for criticizing the
Ethiopia’s council of ministers approved an additional 581.98 bln birr for the current year, covering both recurrent and capital expenditures. That comes after Parliament approved
Egypt held interest rates at record highs, with the deposit rate at 27.25% and the lending rate at 28.25%, as it evaluates the impact of
Burundi’s annual inflation rate rose to 24.9% in October, up from 23.3% in September. Food and non-alcoholic beverage prices rose by 22.5%, gas and electricity
The UN nuclear watchdog’s board of governors passed a resolution criticizing Iran’s lack of cooperation with the agency following tense discussions. The censure, brought by
The International Criminal Court (ICC) issued an arrest warrant for Israeli PM Netanyahu over alleged war crimes in Gaza, adding pressure on Israel’s leadership amid
Uzbekistan’s government was reshuffled as Parliament re-elected Abdulla Aripov as Prime Minister. The Cabinet resigned after parliamentary elections, but Aripov’s reappointment suggests minimal changes to
Kazakhstan will borrow USD 550 mln (in JPY) from the World Bank to address a government budget shortfall. The country had previously planned to borrow
Russia launched an intercontinental ballistic missile at the central Ukrainian city of Dnipro, marking the first reported use of an ICBM in the war. The
Sri Lanka aims to boost annual exports to USD 25 bln over the next five years, up from USD 12 bln, with services exports projected
The IMF is expected to provide Pakistan with USD 1 bln in climate financing, contingent on meeting key targets in the first review under its
BP announced a USD 7 bln joint project to unlock 3 tln cubic feet of additional gas at its Tangguh site in Indonesia’s West Papua