Philippines
Peru aims to strengthen its export market in 2025 by securing new FTAs globally, focusing on Indonesia, where negotiations are nearing completion. The government expects
December 11, 2024
Peru aims to strengthen its export market in 2025 by securing new FTAs globally, focusing on Indonesia, where negotiations are nearing completion. The government expects
The IMF’s 2024 Article IV Consultation with Haiti highlights the country’s ongoing multidimensional crisis, including security, economic, social, and humanitarian challenges. The IMF projects minimal
Argentine President Javier Milei promised to lift capital and currency controls in 2025 and aims to negotiate a free trade agreement with the US once
Zambia is addressing an erroneous USD 80 mln payment made by its power utility, Zesco Ltd., to China. This mistake occurred from a securitized account
Mauritius revised its economic-growth forecast down to 5.1% for 2024 from 6.5% following an audit that revealed miscalculations in the previous government’s budget. The fiscal
The World Bank revised Kenya’s 2024 economic growth forecast to 4.7% from 5% due to floods, anti-government protests, and fiscal consolidation. The floods and protests
Guinea expects 7% economic growth in 2025, driven by investments in the Simandou iron-ore project. Revenue is forecast at 34.47 tln Guinean francs, with spending
Egypt’s inflation eased to 25.5% YoY in November, down from 26.5% the previous month, marking its lowest level in nearly two years. Core inflation fell
Angola’s central bank is selling USD 150 mln of foreign currency to commercial banks, including USD 88 mln for rice imports and USD 60 mln
Mongolia’s inflation rate was 8.1% in November, a 0.5 pp decrease from last year but a 1.1 pp increase from October. Inflation has been declining
Kazakhstan’s international reserves fell 1.3% to USD ca. 105 bln at the end of November from UDS 106.4 bln at the end of October. The
Armenia’s Central Bank expects growth of around 6% in 2024, aligning with the country’s potential growth rate of 5%. The forecast includes two scenarios: Scenario
The US Treasury disbursed a USD 20 bln loan to support Ukraine, part of a broader USD 50 bln loan agreement among G7 nations. The
The collapse of Bashar Al-Assad’s regime in Syria poses a threat to the Khmeimim airbase, which Russia uses to supply Mali, Burkina Faso, and Niger,
The Asian Development Bank (ADB) approved a USD 200 mln loan to Pakistan to reduce energy losses from three power distribution companies: Lahore Electric Supply,
Indonesia’s Coordinating Minister for Economic Affairs, Airlangga Hartanto, is confident the country will achieve its 5.2% growth target in 2025, with efforts focused on strengthening
China is set to begin its annual economic work meeting, where top leaders are expected to announce more forceful stimulus amid trade tensions with the
Goldman Sachs offers a mixed outlook for crude oil, citing rising prices driven by concerns over Syria and China’s monetary policy. A key factor for