Guatemala
Guatemala plans to increase spending on infrastructure, healthcare, and education, partly due to higher deportations from the US. This spending will widen the budget deficit.
February 10, 2025
Guatemala plans to increase spending on infrastructure, healthcare, and education, partly due to higher deportations from the US. This spending will widen the budget deficit.
Colombia plans to sell USD 3.63 bln in bonds to finance its 2025 fiscal deficit, as part of a broader plan to issue COP 45
Colombia’s inflation accelerated to 5.22% in January, prompting the central bank to pause its rate-cutting cycle, keeping rates at 9.5%. The decision reflects concerns over
Brazil’s government is preparing for a potential trade war with the US, assessing vulnerable sectors and considering countermeasures like raising tariffs and strengthening BRICS ties.
Bolivia faces growing instability, with billionaire Marcelo Claure offering a USD 1 mln reward for former President Evo Morales, who is facing an arrest warrant.
President Trump froze all US aid to South Africa, citing unsubstantiated claims of rights violations and genocide against Israel. South Africa dismissed the decision as
Fitch downgraded Mozambique’s long-term foreign currency debt rating to CCC from CCC+ due to unresolved political unrest and fiscal challenges. The fiscal deficit widened to
Ghana’s central bank allocated USD 20 mln in FX to 11 bulk oil distribution companies to stabilize fuel prices amid global market volatility. The Bank
Ethiopia is finalizing debt restructuring talks under the G20’s Common Framework, with an IMF-backed memorandum of understanding expected by April. The country is also negotiating
Lebanon appointed Amer Bisat, a former BlackRock executive, as economy minister to lead economic recovery efforts. Bisat will collaborate with Finance Minister Yassine Jaber on
Iran’s currency weakened, with the USD surging to IRR 898,500, a 3.3% increase. A shortage of hard currency is driving demand, and Tether (USDT) stablecoins
S&P affirmed Iraq’s long-term foreign currency debt rating at B- with a stable outlook. Moody’s rating for Iraq is Caa1 with a stable outlook.
The World Bank projects Kazakhstan’s economy will grow by 4.5-5.0% this year, driven by higher oil production and continued fiscal support. Low productivity and declining
Armenia, consumer inflation rose 1.7% YoY in January, the highest reading since early 2023, and up from 1.5% the previous month. The central bank cut
US Special Envoy for Ukraine Kellogg has denied media reports of the US presenting a “Ukraine peace plan” next week, during the Munich security conference.
Thailand’s PM Paetongtarn Shinawatra ruled out an immediate cabinet reshuffle, urging ministers to focus on implementing policies. This followed speculation about potential changes after an
Pakistan has formally requested China to extend debt maturities for two years, marking the second such request in five months. Deputy Prime Minister Ishaq Dar
Pakistan has made progress in restoring economic stability and rebuilding external buffers, according to Fitch Ratings. Structural reforms remain critical for IMF reviews and continued
China’s consumer price index rose 0.5% in January, driven by Lunar New Year household spending, while factory deflation persisted for the 28th consecutive month, with
US 10Y treasury yields remained stable at 4.49% as investors awaited key economic data, including inflation and jobless claims. Fed Chair Jerome Powell will testify
Guatemala plans to increase spending on infrastructure, healthcare, and education, partly due to higher deportations from the US. This spending will widen the budget deficit.
Colombia plans to sell USD 3.63 bln in bonds to finance its 2025 fiscal deficit, as part of a broader plan to issue COP 45
Colombia’s inflation accelerated to 5.22% in January, prompting the central bank to pause its rate-cutting cycle, keeping rates at 9.5%. The decision reflects concerns over
Brazil’s government is preparing for a potential trade war with the US, assessing vulnerable sectors and considering countermeasures like raising tariffs and strengthening BRICS ties.
Bolivia faces growing instability, with billionaire Marcelo Claure offering a USD 1 mln reward for former President Evo Morales, who is facing an arrest warrant.
President Trump froze all US aid to South Africa, citing unsubstantiated claims of rights violations and genocide against Israel. South Africa dismissed the decision as
Fitch downgraded Mozambique’s long-term foreign currency debt rating to CCC from CCC+ due to unresolved political unrest and fiscal challenges. The fiscal deficit widened to
Ghana’s central bank allocated USD 20 mln in FX to 11 bulk oil distribution companies to stabilize fuel prices amid global market volatility. The Bank
Ethiopia is finalizing debt restructuring talks under the G20’s Common Framework, with an IMF-backed memorandum of understanding expected by April. The country is also negotiating
Lebanon appointed Amer Bisat, a former BlackRock executive, as economy minister to lead economic recovery efforts. Bisat will collaborate with Finance Minister Yassine Jaber on