Bolivia
Bolivia’s fiscal deficit for 2024 is projected at 11% of GDP, higher than the initial 8% forecast. The government has relied on gold reserves and
February 7, 2025
Bolivia’s fiscal deficit for 2024 is projected at 11% of GDP, higher than the initial 8% forecast. The government has relied on gold reserves and
S&P affirmed Argentina’s long-term foreign currency debt rating at CCC with a stable outlook. The rating reflects steps taken by the Milei administration to reduce
Zambia’s inflation, which reached 16.7% in January 2025, is expected to peak by May, driven by improved rainfall and the recovery of the staple maize
Zambia is considering whether to continue its IMF program, set to expire in October 2025. The government remains committed to prudent economic management and fiscal
Uganda’s central bank kept its benchmark rate unchanged at 9.75% but warned of potential tightening due to global uncertainties, including US protectionist policies, which could
Tunisia central bank (BCT) kept its key interest rate at 8%. Inflation continued its downward trend, dropping to 6.2% in December 2024 from 6.6% in
Tunisia’s President Kais Saied dismissed the finance minister and appointed Michket Slama Khaldi, a magistrate, as the new finance minister. The reason for the change
The AfDB has committed USD 2.5 bln for infrastructure projects in Tanzania, with 70% allocated to transport infrastructure, including roads, railways, and airports. The bank
China expressed support for South Africa’s presidency of the G20, with Ambassador Wu Peng discussing bilateral ties with South Africa’s Minister of International Relations. Meanwhile,
Kenya’s central bank may fine lenders up to KES 20 mln for non-compliance with guidelines. New laws allow fines up to three times the benefit
President Trump suggested that the US could “own” and rebuild Gaza, displacing over 2 mln Gazans. His aides later clarified it was merely a “creative
North Macedonia’s central bank lowered its key interest rate by 20 bps to 5.35%, which it said was due to inflationary developments, as well as
Moldova’s central bank has increased the base rate from 5.6% to 6.5%, the second hike since the start of the year. The NBM said the
In Kazakhstan, international oil companies have proposed building a new gas refinery, to settle a disagreement over USD 6 bln of costs at the Karachaganak
Albania’s central bank has held interest rates at 2.75%, as inflation has stabilized, at 2.1% YoY in December, down from 4.0% a year earlier. The
Euroclear will send a second tranche of EUR 2 bln to Ukraine, from profits generated by frozen Russian central bank assets. This follows a first
Thailand’s inflation increased to 1.32% in January from 1.23% in December, driven by rising fuel and food prices. The core CPI rose 0.83%. Inflation is
The Indian rupee strengthened to 87.46 per USD, supported by the central bank’s 25bps rate cut to 6.25%. Despite this, the rupee remained under pressure
Bangladesh plans to raise BDT 40 bln through a five-year treasury bond auction on February 11. The bidding window will be open to primary dealers,
Crude oil prices declined to USD 70.7/barrel, heading for a third consecutive weekly fall after President Trump’s pledge to boost US oil production. The US