Day: March 14, 2025

Peru

Peru’s central bank kept its interest rates unchanged at 4.75% on Thursday, as policymakers assess the inflationary impact of global trade wars. The bank noted

Paraguay

Paraguay’s trade deficit widened to USD 281.6 mln in February, up from USD 160.6 mln in the same month last year. Exports fell by 6.4%

Bolivia

Bolivia’s President Arce announced a series of measures to address the country’s severe fuel shortage, including removing lunch breaks for bureaucrats, reducing in-person schooling, and

Uganda

Citibank projects Uganda’s economic growth to hit 7-8% in 2026-2027, following the anticipated commencement of oil production in mid-2026. Growth for the current fiscal year

Nigeria

Bloomberg analysts predict Nigeria’s CPI rate, due on March 17, will moderate to 23.6% year-on-year in February, down from 24.5% in January. The CPI series

Kenya

Kenya’s National Assembly approved a 104.68 bln shilling increase to the 2024-25 budget. The additional spending will go toward salaries and addressing shortfalls caused by

Egypt

Egypt’s Foreign Ministry expressed appreciation for US President Donald Trump’s comments about Gaza residents not being required to leave the area. Trump, during a press

Serbia

Serbia’s central bank held interest rates at 5.75%, in line with economist expectations. The bank noted that inflation has stabilized around the top end of

Tajikistan

Kyrgyzstan and Tajikistan have signed a border agreement between their two countries, as the presidents of each country met in Bishkek. This is expected to

Kazakhstan

Kazakhstan’s government has agreed with international oil companies to cut oil output to account for exceeding its OPEC+ quota of 1.5 mln bpd. The statement

Armenia

The Armenian Foreign Ministry has said a peace agreement with Azerbaijan is ready to be signed, as Armenia says it accepts the proposals of Azerbaijan

Vietnam

US Trade Representative Jamieson Greer told Vietnam’s top trade official that Vietnam needs to improve its trade balance with the US and open its markets

Indonesia

Indonesia’s 10Y sovereign bond yield rose for a fifth consecutive day, while the spread on its five-year credit default swaps reached the highest level since