Day: March 26, 2025

Chile

Colombia’s economy grew by 1.7% in 2024, recovering from 2023’s 0.7% growth, but still lagging behind regional peers. Brazil led the region with 3.4% growth,

Argentina

The IMF plans to discuss a new loan for Argentina during a staff meeting on Tuesday. Meanwhile, Argentina’s Economy Ministry is preparing for a Treasury

Senegal

Senegal’s dollar bonds fell after the IMF indicated that talks for a new lending program could be delayed. This follows an audit revealing that the

Uganda

Japan is offering 4.94 bln yen (ca. 121 bln shillings) for the reconstruction of the Karuma Bridge across the Nile River in Uganda. The new

Cote d’Ivoire

Ivory Coast is marketing a new dollar bond issue as part of efforts to buy back portions of its debt and pay off loans early.

Ethiopia

Ethiopia’s central bank maintained its benchmark interest rate at 15% to address inflation. Although inflation has decreased from 28.2% in February 2024 to 15% in

Egypt

Egypt has put forward a new proposal to restore the Gaza ceasefire, aiming for Hamas to release five Israeli hostages each week. This comes after

Kazakhstan

Kazakhstan has seen substantial growth in FDI, reaching USD 12.7 bln from January to September 2024. This is part of the government’s efforts to create

Kazakhstan

Kazakhstan’s oil production continues at record levels, at 2.16 mln barrels per day during the first half of March, up from 2.12 mln bpd in

Russia

Ukrainian Defense Minister Umerov says talks with US officials in Riyadh were successful, and that his country is ready to organize technical discussions on the

India

Sri Lanka’s central bank kept its benchmark interest rate at 8% to manage inflation and support economic recovery. The economy grew by 5% last year

Pakistan

The IMF and Pakistan have reached a staff-level agreement on a new 28-month arrangement under the RSF, providing Pakistan with access to around USD 1.3

Spain

Crude oil futures rose above USD 69/barrel, driven by supply concerns and a significant drop in US crude inventories. The Trump administration’s 25% tariffs on