Argentina
The World Bank will provide USD 110 mln to fund Argentina’s Social Safety Net project, focusing on cash transfers and child development services for poor
February 13, 2025
The World Bank will provide USD 110 mln to fund Argentina’s Social Safety Net project, focusing on cash transfers and child development services for poor
Zambia’s central bank raised its key interest rate by 0.5% to 14.5%, the highest level in over eight years, to support the currency and control
Uganda’s finance ministry has suspended nine employees from the Accountant General’s Office after they were accused of diverting 60 bln shillings (USD 54 mln) meant
Senegal’s public debt-to-GDP ratio increased to 99.7% in 2023, up from 65.6% in 2019, and the budget deficit for 2023 was estimated at 12.3% of
Rwanda’s involvement in supporting rebels in the Democratic Republic of Congo risks economic backlash, with the IMF and S&P Global Ratings warning of financial losses
Ivory Coast will reschedule 800 bln CFA francs (USD 1.3 bln) of domestic debt, repaying it over seven years to create fiscal space. The country
A Nigerian court returned ownership of Keystone Bank Ltd. to the government, ruling that its 2017 sale to private investors was improper. The sale raised
Namibia’s central bank reduced its key interest rate by 25 basis points to 6.75%, citing stable inflation and slow economic growth. The country’s economy faces
US President Trump backed off from withholding aid to Jordan after King Abdullah II agreed to accept 2,000 ill children from Gaza. While Trump reiterated
Mongolia’s January CPI rose 9.6% YoY, up from 9% in December. The increase was driven by food and non-alcoholic beverage prices, including meat, bread, and
Azerbaijan’s inflation rose 5.4% YoY in January, from 4.9% a month earlier, mostly driven by increasing services prices. Azerbaijan also contributed to overall OPEC+ oil
President Trump said he discussed Ukraine and other topics with Russian President Putin on Tuesday, and has asked US Secretary of State Rubio to lead
Ukraine is looking to take action with the US government to secure relief from planned US steel tariffs of 25%, before they come into effect
Investors are favoring Pakistan’s stocks, with the KSE-100 Index predicted to grow by 40% in 2025. Despite political and economic risks, improved external finances and
IMF Managing Director Kristalina Georgieva expressed support for Pakistan’s commitment to reforms, particularly in tax and energy sectors, and praised the government’s actions for fostering
China’s 10-year government bond yield edged higher to around 1.64% as investors reacted to escalating global trade tensions. The US signaled that reciprocal tariffs on