Day: March 11, 2025

Bolivia

Bolivia’s inflation rate rose to 13.22% in February from 12.03% in January, with a monthly increase of 1.26%. Year-to-date inflation reached 3.24%, with the government

Morocco

France offered Morocco EUR 781 mln to purchase 18 high-speed trains from Alstom as part of Morocco’s rail network expansion ahead of the 2030 World

Ghana

Ghana’s economy grew 5.7% in 2024, up from 3.1% in 2023. However, Q4 growth slowed to 3.6% due to weak performance in the Industry sector,

Egypt

Egypt’s inflation rate fell to 12.8% in February, well below expectations. Core inflation slowed to 10%, down from 22.6% in January. Goldman Sachs forecasts a

Iraq

Trump administration revoked a waiver allowing Iraq to pay Iran for electricity as part of its “maximum pressure” campaign to curb Iran’s nuclear, missile, and

Moldova

Moldova’s sovereign credit rating has been affirmed by Fitch at B+ with stable outlook. The agency highlighted that macroeconomic and financial policy management has guided

Ukraine

Ukraine’s annual inflation rate rose to 13.4% in February, marking the fastest increase in nearly two years. Inflation surged due to rising costs in housing

Russia

Officials from the US and Ukraine will meet in Saudi Arabia tomorrow, to discuss the timing and scope of a potential ceasefire with Russia. The

Thailand

Thailand’s government plans additional fiscal stimulus measures to drive economic growth beyond 3% in 2025, focusing on exports, tourism, and long-term structural challenges. A key

Philippines

FDI into the Philippines declined by 85.2% in December 2024 to USD 110 mln, while net foreign investments in debt instruments shifted to outflows of

Pakistan

The State Bank of Pakistan kept interest rates steady after cutting them by 1,000 bps since June 2024. The central bank is monitoring inflation, which

Nepal

Nepal’s remittances grew by 5.3% to USD 6.65 bln in the first seven months of the 2024-25 fiscal year, with FX reserves rising by 11.7%

India

India has signed a USD 248 mln deal with Russian arms exporter Rosoboronexport for more powerful engines for its Soviet-era battle tanks. The deal reflects

China

Crude oil prices dropped to around USD 65.8/barrel amid concerns that US tariffs would dampen economic growth and reduce oil demand. US tariff delays on