Peru
Peru’s economy grew by 3.33% in 2024, rebounding from a recession in 2023. The government forecasts continued growth of 3% in 2025, although concerns about
February 17, 2025
Peru’s economy grew by 3.33% in 2024, rebounding from a recession in 2023. The government forecasts continued growth of 3% in 2025, although concerns about
Paraguayan Deputy Finance Minister Charotti confirmed that Paraguay is considering an external debt issuance of USD1bn, comprising both dollar-denominated and local currency instruments, similar to
Moody’s warns that rising tensions with the US could hinder South Africa’s economic recovery, especially if it affects trade or foreign investment sentiment. South Africa
Senegal plans to finalize a new IMF program by June, with talks set to begin in March or April. An audit revealed Senegal’s debt-to-GDP ratio
Rwanda-backed M23 rebels captured Kavumu airport in South Kivu, expanding their control over the mineral-rich region of eastern Democratic Republic of Congo. The capture follows
Malawi’s inflation increased to 28.5% in January, up from 28.1% in December, exacerbated by food insecurity from the El Nino-induced drought. Food inflation rose 6%,
Ghana’s new administration is negotiating with the IMF to refine its USD 3 bln bailout program, addressing concerns over ambitious revenue targets. The IMF package
Egyptian President El-Sisi and Jordan’s crown prince emphasize the need for immediate Gaza reconstruction without displacing residents. Both countries support a plan to rebuild Gaza
Botswana’s consumer inflation rose to 2.5% YoY in January, up from 1.7% in December. Food inflation increased to 5.1% YoY, while overall inflation remains below
Inflation in Albania slowed to 1.9% YoY in January, down from 2.1% in December. The central bank kept interests rates on hold at 2.75% during
Ukrainian President Zelensky is prepared to talk to Russia as part of President Trump’s peace plan, while adding that his country wants “security guarantees” before any
The World Bank revised Thailand’s 2025 growth forecast to 2.9% from 2.6%, driven by recovering investment, budget disbursements, and infrastructure projects. The economic recovery, alongside
Nepal’s Foreign Minister Deuba and India’s External Affairs Minister Jaishankar held talks on trade, energy, and infrastructure cooperation, focusing on the Pancheshwar Multipurpose Project. Both
Sri Lanka aims for a primary surplus of 2.3% in its 2025 budget, targeting 5% growth. The government plans to use limited tax revenue for
Central banks, including the Reserve Bank of India and Bank Indonesia, are increasingly using derivatives to protect their currencies against the strong dollar. This strategy