Paraguay
Paraguay’s annual inflation eased to 3.4% in November 2024, down from 3.6% in October, marking the lowest level since February. The slowdown was mainly driven
December 3, 2024
Paraguay’s annual inflation eased to 3.4% in November 2024, down from 3.6% in October, marking the lowest level since February. The slowdown was mainly driven
Following the securitization of Norman Manley International Airport revenues, Jamaica posted a primary surplus of JMD 71.4 bln (2.2% of GDP) in October. After interest
Honduras’ consumer prices rose by 0.1% MoM in November, marking the third consecutive mild increase. The 3-month average was 0.04%, down from 0.40% in January-August.
Zambia announced an 11.8 bln Kwacha supplementary budget for 2024. Of this, 6.3 bln Kwacha will go towards servicing local currency-denominated debt. The country also
South Africa’s economy unexpectedly contracted 0.3% in Q3 2024, driven by a slump in agriculture, the worst in three decades. Despite the contraction, GDP grew
The IMF approved Ghana’s performance in the third review, with the country on track to achieve a 0.5% GDP primary budget surplus in 2024. The
Egypt is pursuing USD 500 mln worth of railway projects in Iraq through a state-owned company as part of Iraq’s broader USD 100 bln infrastructure
US President Joe Biden began a two-day visit to Angola, focusing on a major infrastructure project to showcase US investment in Africa, where China has
Moody’s revised Angola’s outlook to stable from positive and affirmed its B3 foreign and local currency ratings. The outlook change reflects a slower pace of
Uzbekistan’s inflation rose 0.9% MoM in November. The annualized rate was just over 10% YoY. Separately, one of the largest industrial enterprises in the country,
Moldova’s draft 2025 state budget targets fiscal consolidation and investment, with a projected deficit of 4.0% of GDP. Based on revised October macroeconomic indicators, GDP
German Foreign Minister Baerbock stated that NATO membership for Ukraine could be part of a potential peace deal with Russia, possibly involving concessions on occupied
Indonesia has received a USD 1 bln investment offer from Apple Inc. to lift a ban on iPhone 16 sales. The offer, representing a tenfold
China’s offshore yuan rose to about 7.29 per USD after two sessions of losses, supported by the PBoC’s currency stabilization measures. The central bank set