Day: February 26, 2025

Brazil

Brazil’s Finance Minister Fernando Haddad seeks to balance public finances without harming the poor, amid skepticism from investors. Despite Lula’s goal to eliminate the fiscal

Bolivia

Bolivia’s economy grew by 2.14% from January to September 2024, with the hydrocarbon sector contracting 12.87% due to a drop in natural gas production. Other

Argentina

Argentina’s economic activity rose by 5.5% YoY in December 2024, exceeding expectations of 3.5% growth and marking the largest expansion since August 2022. Seasonally adjusted

Tunisia

Tunisia has started rescheduling 1.1 billion dinars in arrears owed by state-owned utilities (gas, electricity, and water). The move follows instructions from President Kais Saied

South Africa

South Africa’s Democratic Alliance (DA) rejected new taxes and called for spending cuts and reforms to boost economic growth. DA finance spokesman Mark Burke emphasized

Ghana

Ghana’s new central bank governor, Johnson Asiama, intends to reduce inflation from above 20% to single digits by Q2 2026. Asiama plans to use advanced

Ethiopia

Ethiopia’s central bank said it was conducting an FX auction for USD 60 mln, with the sale open to all banks. In July 2024, the

Russia

Iran’s Foreign Minister Abbas Araghchi stated that Iran won’t engage in direct nuclear talks with the US as long as President Trump maintains his hard-line

Tajikistan

In Tajikistan, the Asian Development Bank will join a consortium of international finance institutions funding the Rogun Hydropower Plant construction project. The Tajik government has

Kyrgyz Republic

A trilateral summit between Uzbekistan, Tajikistan, and Kyrgyzstan is planned for 31 March, focused on state borders, energy, and infrastructure cooperation, it has been reported.

Serbia

Officials in Serbia have ruled out nationalization of the oil company NIS, as it prepares for final negotiations with the US over impending sanctions, because

Azerbaijan

S&P Ratings expects Azerbaijan’s economy to grow a moderate 2% over the next two years, it has reported. Inflation remains a key concern, with the

Pakistan

IFC and ADB criticized Pakistan’s renegotiation of power contracts, warning it could damage investor confidence and future investments. Pakistan’s military-led government is renegotiating contracts to

India

India is finalizing a USD 1 bln capital subsidy plan to support its solar manufacturing sector and reduce reliance on China. The plan focuses on

China

The Trump administration is intensifying efforts to limit China’s technological growth, including tougher semiconductor curbs. It is focusing on sanctions against specific Chinese companies and

Brazil

Brazil’s Finance Minister Fernando Haddad seeks to balance public finances without harming the poor, amid skepticism from investors. Despite Lula’s goal to eliminate the fiscal

Bolivia

Bolivia’s economy grew by 2.14% from January to September 2024, with the hydrocarbon sector contracting 12.87% due to a drop in natural gas production. Other

Argentina

Argentina’s economic activity rose by 5.5% YoY in December 2024, exceeding expectations of 3.5% growth and marking the largest expansion since August 2022. Seasonally adjusted

Tunisia

Tunisia has started rescheduling 1.1 billion dinars in arrears owed by state-owned utilities (gas, electricity, and water). The move follows instructions from President Kais Saied

South Africa

South Africa’s Democratic Alliance (DA) rejected new taxes and called for spending cuts and reforms to boost economic growth. DA finance spokesman Mark Burke emphasized

Ghana

Ghana’s new central bank governor, Johnson Asiama, intends to reduce inflation from above 20% to single digits by Q2 2026. Asiama plans to use advanced

Ethiopia

Ethiopia’s central bank said it was conducting an FX auction for USD 60 mln, with the sale open to all banks. In July 2024, the

Russia

Iran’s Foreign Minister Abbas Araghchi stated that Iran won’t engage in direct nuclear talks with the US as long as President Trump maintains his hard-line

Tajikistan

In Tajikistan, the Asian Development Bank will join a consortium of international finance institutions funding the Rogun Hydropower Plant construction project. The Tajik government has

Kyrgyz Republic

A trilateral summit between Uzbekistan, Tajikistan, and Kyrgyzstan is planned for 31 March, focused on state borders, energy, and infrastructure cooperation, it has been reported.

Serbia

Officials in Serbia have ruled out nationalization of the oil company NIS, as it prepares for final negotiations with the US over impending sanctions, because

Azerbaijan

S&P Ratings expects Azerbaijan’s economy to grow a moderate 2% over the next two years, it has reported. Inflation remains a key concern, with the

Pakistan

IFC and ADB criticized Pakistan’s renegotiation of power contracts, warning it could damage investor confidence and future investments. Pakistan’s military-led government is renegotiating contracts to

India

India is finalizing a USD 1 bln capital subsidy plan to support its solar manufacturing sector and reduce reliance on China. The plan focuses on

China

The Trump administration is intensifying efforts to limit China’s technological growth, including tougher semiconductor curbs. It is focusing on sanctions against specific Chinese companies and