Paraguay
Paraguay completed USD 1.2 bln in offshore bond issuance, using USD 635 mln to buy back USD Eurobonds maturing in the next couple of years.
February 27, 2025
Paraguay completed USD 1.2 bln in offshore bond issuance, using USD 635 mln to buy back USD Eurobonds maturing in the next couple of years.
Latin American and Caribbean countries are expected to receive USD 160.9 bln in remittances in 2024, representing a 5% growth. Countries like Honduras, Nicaragua, and
Uganda’s economy is projected to grow by 6.2% in the 2024/2025 fiscal year, driven by oil production and government spending. Risks include delays in oil
South Africa will accelerate its transition to green energy with a EUE 150 mln loan from Germany’s KFW Development Bank. The loan will help improve
Mozambique extended the VAT exemption on essential goods, including sugar, cooking oil, and soap, until the end of 2025 to ease consumer spending pressures. The
Kenya received over USD 3.4 bln in investor bids for a new 11-year bond, aimed at lengthening its debt maturity profile. The bond, priced around
The EU provided a EUR 50 mln military package to bolster Ghana’s security forces in response to rising threats from armed groups and jihadists in
The G-20 finance ministers and central bankers are meeting in Cape Town, South Africa, amid growing trade tensions, particularly due to tariffs imposed by the
De Beers and Botswana’s government have signed a ten-year deal to jointly fund a marketing campaign to boost demand for natural diamonds. The partnership, which
The IMF has revised down its 2025 growth outlook for North Macedonia from 3.6% to 3.3%. The economy should be supported by domestic demand and
The energy ministries of Kyrgyzstan and Kazakhstan have signed agreements to develop small hydropower projects in Kyrgyzstan, enhancing energy cooperation between the two countries. Construction
Kazakhstan plans to increase crude oil production by almost 10% this year, due to expansion at the Tengiz plant, to 96.2 mln tons. Natural gas
US President Trump said Ukrainian President Zelensky will visit the US to sign a draft agreement providing US access to revenue from Ukraine’s natural resources.
Thailand’s central bank unexpectedly cut its key interest rate by 25 bps to 2% in February 2025, the lowest since July 2023. The rate cut
Bangladesh and Pakistan have resumed direct government-to-government trade, marking a shift in their historically troubled relations. The first deal involves 50,000 tonnes of rice. Relations
Global debt increased by USD 7 tln in 2024, reaching USD 318 tln, a record high, with debt as a share of GDP rising for
Crude oil prices hovered below USD 69/barrel, driven by concerns over higher supply and weak demand. Expectations of eased Russian sanctions could boost global oil
US 10Y treasury yields stabilized at 4.28% on Thursday after a six-session decline, as investors awaited key US economic data, including the second estimate of