Day: January 6, 2025

Bolivia

Bolivia’s annual inflation surged to 10% in 2024, a significant increase from 2.1% in 2023, marking the highest inflation since August 2011. Monthly inflation was

Argentina

Argentina’s central bank secured a USD 1 bln repurchase agreement with international banks, with an interest rate of 8.8% (4.75% plus SOFR). This deal aims

Uganda

Uganda’s inflation is projected to rise from 3.7% in FY24 to higher levels in the years ahead, although risks to inflation are balanced. The economy

Mauritania

Senegal and Mauritania are progressing toward gas production by opening the first well in the Greater Tortue Ahmeyim field. The field, jointly developed by BP,

Nigeria

Nigeria is launching the National Credit Guarantee Co. to improve access to credit, especially for individuals and critical sectors. The company, set to begin operations

Cote d’Ivoire

Ivory Coast has announced the withdrawal of French troops, following growing anti-French sentiment across West Africa. This decision comes ahead of the 2025 elections, where

Angola

Angola’s international bonds outperformed many emerging-market peers after the government’s USD 1.2 bln bond issuance on December 27. The bonds posted gains as the yield

Uzbekistan

Uzbekistan’s inflation rate reached 9.8% YoY in December, driven by a 2.4% increase in food prices and a 26.7% rise in services. President Shavkat Mirziyoyev

Mongolia

Mongolia signed a preliminary deal with France’s Orano Mining Group for a USD 1.6 bln uranium mining project. The project, requiring an initial USD 500

Kazakhstan

Kazakhstan’s inflation decreased to 8.6% in 2024, down from 9.8% in 2023. Monthly inflation was stable at 0.9% in December. Food prices increased by 5.5%,

Georgia

Georgia’s GDP grew by 7.5% in November 2024 compared to last year. For 2025, a conservative growth estimate of 6% has been projected, despite political

Russia

Russia reported that Ukraine launched a counterattack in the Kursk region, where Kyiv began a ground offensive last August. The extent of Ukraine’s progress is

Vietnam

Vietnam’s government is concerned about potential price pressures and risks to the prime minister’s 8% GDP growth target due to possible tariff disruptions under President-elect

Pakistan

Pakistan’s inflation eased to 4.07% in December, the lowest since April 2018, providing room for policymakers to cut interest rates to support weak growth. The

Bangladesh

Bangladesh’s December inflation eased slightly to 10.89%, driven mainly by food prices, which rose by 12.92%. Non-food inflation also dropped to 9.26% from 9.39% in