Colombia
The IMF suspended Colombia’s flexible credit line due to rising deficits and debt. Colombia’s fiscal deficit widened to 6.7% of GDP in 2024, compared to
April 28, 2025
The IMF suspended Colombia’s flexible credit line due to rising deficits and debt. Colombia’s fiscal deficit widened to 6.7% of GDP in 2024, compared to
Brazil’s annual inflation rose to 5.49% in March, above the 3% target. Consumer prices rose 0.43% MoM. The central bank may consider raising the Selic
The IMF’s USD 20 bln loan to Argentina faced serious internal opposition, with about half of the Fund’s 25 executive board chairs raising concerns, Bloomberg
Tanzania imposed a ban on agricultural imports from Malawi and South Africa, effective April 24, in retaliation for trade restrictions. The dispute has disrupted trade
The ruling resolves coalition government tensions over the measure. South Africa’s Democratic Alliance leader John Steenhuisen reaffirmed the party’s commitment to the coalition government despite
A South African court scrapped the planned VAT rate hike after ruling that changes must be properly approved by parliament. Finance Minister Enoch Godongwana had
Nigeria’s economy is projected to grow by 3.6% in 2025, outpacing the IMF’s 3.0% forecast, according to the World Bank’s Africa’s Pulse report. Growth is
The IMF downgraded economic forecasts for most Arab countries except Morocco, Egypt, Algeria, and Qatar. Sudan faces the sharpest cut, with an 8.7% downgrade and
Malawi’s worsening economy has forced workers like barman Ben Manda into extreme shifts to survive, as foreign aid cuts, debt burdens, and rising living costs
Kenya’s central bank is considering adding gold to FX reserves to diversify away from USD. Kenya is seeking a new IMF program after recently issuing
Egypt is close to securing USD 300 mln in budget support from the Asian Infrastructure Investment Bank, with finalization expected by June. The government is
The World Bank has lowered its forecast for Albanian economic growth this year from 3.4% to 3.2%, due to global policy and trade uncertainty. However
President Trump said on Friday he does not expect Ukraine will ever be able to join NATO, and that the US would be open to
The Bank of Russia kept its key rate unchanged at 21% on April 25, as expected. Inflation remains elevated, with March CPI at 10.3%. The
Indonesia’s public debt is forecast to surge to 40.1% of GDP in 2025 from an estimated 29.2% in 2024, according to the World Bank’s April
China remains confident in achieving its 2025 growth target of around 5%, according to Vice Head of State Planner Zhao Chenxin. New policies to support
WTI crude oil futures rose to around USD 63.2/barrel on Monday, supported by hopes for easing US-China trade tensions after President Trump softened rhetoric and
US 10Y treasury yields held steady around 4.24% on Monday, as investors awaited April jobs data, Q1 GDP, and the PCE inflation gauge. Markets are