Bolivia
Bolivia’s President Luis Arce withdrew from the upcoming presidential race amid waning support. On the same day, the constitutional court blocked Evo Morales from running
May 16, 2025
Bolivia’s President Luis Arce withdrew from the upcoming presidential race amid waning support. On the same day, the constitutional court blocked Evo Morales from running
Malawi’s IMF ECF program was terminated on May 14 after failing to complete a review for 18 months. The IMF cited weak fiscal discipline and
Rwanda held rates steady, forecasting 6.5% inflation in 2025 and 3.9% in 2026. GDP is projected to grow 7.1%. Gold will be added to reserves
Somalia’s public debt stood at USD 1.4 bln at end-Q1, with 94% of bilateral debt owed to non-Paris Club Arab creditors. USD 475.7 mln is
Tunisia’s Q1 GDP rose 1.6% YoY, supported by a 7% rebound in agriculture following heavy rains that ended a six-year drought.
South Africa’s rand rose 1.1% after the deputy finance minister said a new inflation-targeting regime would be announced soon. Yields fell on expectations of tighter-for-longer
Uganda’s central bank said it has bought USD 1.5 bln in FX this fiscal year and is using swaps to manage repo maturities. It aims
Iran is reviewing a US proposal to curb uranium enrichment in exchange for sanctions relief. President Trump warned the offer was time-bound and threatened military
Kyrgyzstan’s GDP growth forecast was maintained at 7% in 2025 by the EBRD. Growth reached 10.7% YoY in Jan–Feb, driven by strong industrial output and
The European Bank for Reconstruction and Development (EBRD) will provide a EUR 60 mln (~USD 67.2 mln) portfolio risk-sharing facility to ProCredit Bank Ukraine to
Russia’s oil-export revenues fell to USD 13.2 bln in April, the lowest since Jun-23, amid weaker crude prices and Chinese demand. Production rose to 9.3
Philippines’ overseas personal remittances rose 2.6% YoY to USD 3.13 bln in March. Q1 remittances reached USD 9.4 bln, supported by inflows from the US,
Russia discussed LNG and crude supply expansion with Malaysia, including infrastructure investment proposals and gas trading. Russia exported 5 mln tons of oil products to
India’s trade deficit widened to USD 26.42 bln in April, the highest in five months. Imports rose 19.1% YoY to USD 64.91 bln while exports
A US Republican tax bill seeks to bar green energy tax credits for projects using materials from China, Russia, or North Korea. Industries warned it