Costa Rica
Moody’s affirmed Costa Rica’s Ba3 long-term issuer ratings with a positive outlook. Costa Rica’s credit profile reflects strong economic growth (4.3% in 2024, above the
March 13, 2025
Moody’s affirmed Costa Rica’s Ba3 long-term issuer ratings with a positive outlook. Costa Rica’s credit profile reflects strong economic growth (4.3% in 2024, above the
The OECD recommended Costa Rica’s Central Bank (BCCR) maintain a flexible exchange rate and minimize market interventions to avoid sharp fluctuations in the dollar price.
Brazil’s annual inflation accelerated to 5.06% in February, up from 4.56% in January, driven primarily by a 16.8% rise in residential electricity costs after the
Tanzania plans to increase spending to 57.04 tln shillings in 2025-26, with borrowing of 7.34 tln shillings. The budget deficit is projected to widen slightly,
Kenya resolved technical delays and completed the buyback of about two-thirds of its USD 900 mln Eurobond due in 2027. The country is restructuring its
Kenyan lawmakers approved a plan to sell 175 bln shillings (USD 1.4 bln) in bonds by June to settle arrears to road contractors. The bonds
Ghana’s government set an end-period inflation target of 11.9% and aims for real GDP growth of at least 4.4% in 2025. Fiscal measures include a
The IMF approved USD 2.5 bln for Egypt, including USD 1.2 bln upfront and USD 1.3 bln in tranches for climate-related challenges. The IMF urges
Iran’s Supreme Leader Ayatollah Khamenei rejected US President Trump’s calls for nuclear talks, dismissing them as a “trick” and citing the failed Obama-era deal. Khamenei
Serbia’s February inflation rose 4.5% YoY, in line with economist expectations and slightly down from 4.6% the previous month. The central bank kept interest rates
Kyrgyzstan’s economy grew 10.7% in the first two months of 2025, compared to the same period a year earlier. Services accounted for roughly half of
Kazakhstan’s economy grew 5.4% in the first two months this year, compared to the same period last year. Industrial production grew 5.7% YoY over the
Georgia’s central bank left interest rates unchanged at 8.0% for the sixth consecutive meeting, while inflation remains below the target level of 3.0%. Headline inflation
Azerbaijan’s central bank left its key refinancing rate at 7.25%, the same level since May 2024. Inflation moved up to 5.4% in January, though still
The World Bank projects Vietnam’s economy to grow 6.8% in 2025, lower than the government’s target of 8%. Risks include slowing global trade, moderating export
Moody’s forecasts Malaysia’s economy will grow by 5% in 2025, driven by a stable labor market, inflation control, and fiscal transfers. Government policies, including energy
Indonesian lawmakers are debating expanding the central bank’s mandate, which could impact its independence. The discussion, part of a broader financial law amendment, is drawing
China will host nuclear talks with Iran and Russia on Friday, focusing on the Iranian nuclear issue. The talks come amid growing diplomatic activity on