Peru
Peru’s Inflation slowed to 1.48% YoY in February, down from 1.85% in January. The central bank expects inflation to continue cooling and approach 1% in
March 3, 2025
Peru’s Inflation slowed to 1.48% YoY in February, down from 1.85% in January. The central bank expects inflation to continue cooling and approach 1% in
President Trump plans to impose new tariffs on Canada and Mexico, along with doubling a tariff on China, covering around USD 1.5 tln in imports.
Costa Rica’s GDP growth outpaced regional peers, with inflation on track to meet the 3% target by 2026. The IMF urged further strengthening of the
Zambia’s inflation hit a three-year high of 16.8% in February due to drought impacts and kwacha depreciation. The central bank raised the key interest rate
Moody’s upgraded Tunisia’s long-term foreign debt rating to Caa1 from Caa2, with a stable outlook. The upgrade reflects improved private-sector external debt management and stable
The World Bank advises South Africa to reduce its regulatory burden and overhaul Black-ownership laws to improve economic conditions. South Africa faces low growth, high
S&P downgraded Senegal’s credit rating to B, with a negative outlook, after a court of auditors found a larger-than-expected budget deficit during ex-President Macky Sall’s
Kenya will use proceeds from its USD 1.5 bln Eurobond sale to manage debt by repaying syndicated loans and buying back Eurobonds maturing in 2027.
The EBRD forecasts 2.3% growth for Jordan’s economy in 2025, driven by reduced regional conflicts, the reopening of the Syrian market, and a rebound in
Uzbekistan’s February inflation rate rose to 10.1% YoY, up from 9.9% in January, and the highest level seen in a few months. The central bank
Serbia GDP growth was 3.3% YoY in Q4 2024, up from a revised 3.1% level in the third quarter. Growth for the whole year was
Georgia’s GDP growth stood at 11.1% YoY in January, up from 6.7% in December. Further, the EBRD has raised its 2025 growth forecast for the
The IMF and Ukraine reached a deal on a loan program review, unlocking around USD 400 mln, more than three years after Russia’s invasion. This
Ukrainian President Volodymyr Zelensky expressed willingness to meet President Donald Trump again to resolve ‘real issues’ and finalize a minerals deal put on hold. Zelenskiy
Vietnam’s central bank will maintain stable interest rates in 2025 to support business growth and the economy, targeting 8% GDP growth. Officials plans to keep
Indonesia’s consumer prices fell by 0.09% YoY in February, missing forecasts of a 0.41% rise and marking the first deflation since March 2000. The deflation
The EUR rose to USD 1.04, reversing losses, bolstered by Europe’s role in crafting a peace proposal for Ukraine. This follows Ukrainian President Zelenskyy’s unsuccessful